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Benefitive Treasury Measure
In economics, the benefitive treasury measure (BTM) is an economic indicator that attempts to correlate a relationship between immigration and government tax receipts/government spending; put more simply, it is cost-benefit analysis of immigration on a macroeconomic scale. Originally coined in a policy report by G. Ing and R. McGowan of the Liberal Democrat Policy Research Unit, it was later popularised by the BBC's Business Editor, Robert Peston, during the late-2000s recession, in reference to the British Conservative Party's proposal for a cap on inwards migration, referred to as the "immigrant cap". BTM analysis typically takes one of two forms. The first, growth analysis or 'absolute BTM', charts the net benefits and net costs of total inward migration occurring within the last 12 months (for example, increased welfare payments, tax receipts, and social unrest). The second form of BTM analysis, 'Schengen BTM', has its parametres limited to immigration originating from Europea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schengen Agreement
The Schengen Agreement ( , ) is a treaty which led to the creation of Europe's Schengen Area, in which internal border checks have largely been abolished. It was signed on 14 June 1985, near the town of Schengen, Luxembourg, by five of the ten member states of the then European Economic Community. It proposed measures intended to gradually abolish border checks at the signatories' common borders, including reduced-speed vehicle checks which allowed vehicles to cross borders without stopping, allowing residents in border areas freedom to cross borders away from fixed checkpoints, and the harmonisation of visa policies.Respectively Articles 2, 6 and 7 of thSchengen Agreement eur-lex.europa.eu; accessed 27 January 2016. In 1990, the Agreement was supplemented by the Schengen Convention which proposed the complete abolition of systematic internal border controls and a common visa policy. The Schengen Area operates very much like a single state for international travel purposes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Impact Of Immigration
Immigration is the international movement of people to a destination country of which they are not natives or where they do not possess citizenship in order to settle as permanent residents or naturalized citizens. Commuters, tourists, and other short-term stays in a destination country do not fall under the definition of immigration or migration; seasonal labour immigration is sometimes included, however. As for economic effects, research suggests that migration is beneficial both to the receiving and sending countries. Research, with few exceptions, finds that immigration on average has positive economic effects on the native population, but is mixed as to whether low-skilled immigration adversely affects low-skilled natives. Studies show that the elimination of barriers to migration would have profound effects on world GDP, with estimates of gains ranging between 67 and 147 percent for the scenarios in which 37 to 53 percent of the developing countries' workers migrate t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Finances
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberal Democrats (UK)
The Liberal Democrats (commonly referred to as the Lib Dems) are a liberal political party in the United Kingdom. Since the 1992 general election, with the exception of the 2015 general election, they have been the third-largest UK political party by the number of votes cast. They have 14 Members of Parliament in the House of Commons, 83 members of the House of Lords, four Members of the Scottish Parliament and one member in the Welsh Senedd. The party has over 2,500 local council seats. The party holds a twice-per-year Liberal Democrat Conference, at which party policy is formulated, with all party members eligible to vote, under a one member, one vote system. The party served as the junior party in a coalition government with the Conservative Party between 2010 and 2015; with Scottish Labour in the Scottish Executive from 1999 to 2007, and with Welsh Labour in the Welsh Government from 2000 to 2003 and from 2016 to 2021. In 1981, an electoral alliance was established b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurosceptic
Euroscepticism, also spelled as Euroskepticism or EU-scepticism, is a political position involving criticism of the European Union (EU) and European integration. It ranges from those who oppose some EU institutions and policies, and seek reform (''Eurorealism'', ''Eurocritical'', or ''soft Euroscepticism''), to those who oppose EU membership and see the EU as unreformable (''anti-European Unionism'', ''anti-EUism'', or ''hard Euroscepticism''). The opposite of Euroscepticism is known as ''pro-Europeanism'', or ''European Unionism''. The main drivers of Euroscepticism have been beliefs that integration undermines national sovereignty and the nation state,''Euroscepticism or Europhobia: Voice vs Exit?'' [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enlargement Of The EU
The European Union (EU) has expanded a number of times throughout its history by way of the accession of new member state of the European Union, member states to the Union. To join the EU, a state needs to fulfil economic and political conditions called the Copenhagen criteria (after the Copenhagen summit in June 1993), which require a stable democratic government that respects the rule of law, and its corresponding freedoms and institutions. According to the Maastricht Treaty, each current member state and the European Parliament must agree to any enlargement. The process of enlargement is sometimes referred to as European integration. This term is also used to refer to the intensification of co-operation between EU member states as national governments allow for the gradual harmonisation of national laws. The EU's predecessor, the European Economic Community,Current Article 1 of the Treaty of Maastricht, Treaty on European Union reads:"The Union shall be founded on the presen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurosceptics
Euroscepticism, also spelled as Euroskepticism or EU-scepticism, is a political position involving criticism of the European Union (EU) and European integration. It ranges from those who oppose some EU institutions and policies, and seek reform (''Eurorealism'', ''Eurocritical'', or '' soft Euroscepticism''), to those who oppose EU membership and see the EU as unreformable (''anti-European Unionism'', ''anti-EUism'', or ''hard Euroscepticism''). The opposite of Euroscepticism is known as ''pro-Europeanism'', or ''European Unionism''. The main drivers of Euroscepticism have been beliefs that integration undermines national sovereignty and the nation state,''Euroscepticism or Europhobia: Voice vs Exit?'' |
Common Market
The European Economic Community (EEC) was a regional organization created by the Treaty of Rome of 1957,Today the largely rewritten treaty continues in force as the ''Treaty on the functioning of the European Union'', as renamed by the Lisbon Treaty. aiming to foster economic integration among its member states. It was subsequently renamed the European Community (EC) upon becoming integrated into the first pillar of the newly formed European Union in 1993. In the popular language, however, the singular ''European Community'' was sometimes inaccuratelly used in the wider sense of the plural ''European Communities'', in spite of the latter designation covering all the three constituent entities of the first pillar. In 2009, the EC formally ceased to exist and its institutions were directly absorbed by the EU. This made the Union the formal successor institution of the Community. The Community's initial aim was to bring about economic integration, including a common market and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schengen Zone
The Schengen Area ( , ) is an area comprising 27 European countries that have officially abolished all passport and all other types of border control at their mutual borders. Being an element within the wider area of freedom, security and justice policy of the EU, it mostly functions as a single jurisdiction under a common visa policy for international travel purposes. The area is named after the 1985 Schengen Agreement and the 1990 Schengen Convention, both signed in Schengen, Luxembourg. Of the 27 EU member states, 23 participate in the Schengen Area. Of the five EU members that are not part of the Schengen Area, three—Bulgaria, Cyprus and Romania—are legally obligated to join the area in the future; Croatia has been approved to join on January 1, 2023; Ireland maintains an opt-out, and instead operates its own visa policy. The four European Free Trade Association (EFTA) member states, Iceland, Liechtenstein, Norway, and Switzerland, are not members of the EU, b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schengen Area
The Schengen Area ( , ) is an area comprising 27 European countries that have officially abolished all passport and all other types of border control at their mutual borders. Being an element within the wider area of freedom, security and justice policy of the EU, it mostly functions as a single jurisdiction under visa policies in the European Union, a common visa policy for international travel purposes. The area is named after the 1985 Schengen Agreement and the 1990 Schengen Convention, both signed in Schengen, Luxembourg. Of the 27 EU member states of the European Union, member states, 23 participate in the Schengen Area. Of the five EU members that are not part of the Schengen Area, three—Bulgaria and the European Union, Bulgaria, Cyprus and the European Union, Cyprus and Romania and the European Union, Romania—are legally obligated to join the area in the future; Croatia has been approved to join on January 1, 2023; Ireland and the European Union, Ireland maintains ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Treaties Of The European Union
The Treaties of the European Union are a set of international treaties between the European Union (EU) member states which sets out the EU's constitutional basis. They establish the various EU institutions together with their remit, procedures and objectives. The EU can only act within the competences granted to it through these treaties and amendment to the treaties requires the agreement and ratification (according to their national procedures) of every single signatory. Two core functional treaties, the Treaty on European Union (originally signed in Maastricht in 1992, aka The Maastricht Treaty) and the Treaty on the Functioning of the European Union (originally signed in Rome in 1957 as the Treaty establishing the European Economic Community, aka The Treaty of Rome), lay out how the EU operates, and there are a number of satellite treaties which are interconnected with them. The treaties have been repeatedly amended by other treaties over the 65 years since they were first si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
