This article aims to describe the financial expenditure associated with the
operations and
processes of world
governments of all levels.
Size of economic footprint
The scale to which government should exist and operate in the world is a matter of debate. Government spending in
developed countries varies considerably but generally makes up between about 30% and 70% of their
GDP. One major exception is the United States, where central government spending takes up less than 20% of GDP.
Services
Government agencies may produce
services like:
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Communications
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Education (e.g.
community college)
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Emergency services
★
Entertainment (e.g.
Canadian Broadcasting Corporation)
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Entitlements
★
Financial services
★
Financing
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Fire fighting
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Healthcare
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Insurance
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Law
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Law enforcement
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Police
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Postal service
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Transport (e.g.
government transportation)
Goods
Government agencies may produce
goods like:
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Coal
★
Electrical infrastructure
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Oil (e.g.
Pemex)
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Roads,
bridges,
tunnels
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Sewers
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Steel
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Water infrastructure
Local government
At the level of
local government, territorial or other authorities may set up government corporations such as "
Local Authority Trading Enterprises" (LATEs).
Commonwealth of Nations
''See also:
crown corporation,
state-owned enterprises of New Zealand''
In monarchical
commonwealth countries country-wide government corporations often use the style "
crown corporation". Notable exceptions include both the
state-owned enterprises and the
crown entities in
New Zealand. Examples of crown corporations include the
Canadian Broadcasting Corporation (CBC) in
Canada and
Air Canada before it underwent privatisation.
Cabinet ministers (
ministers of the crown) often control the
shares in such
public corporations.
United Kingdom
''Main article:
Departments of the United Kingdom Government''
United States
In the
United States, businesses that are government owned include
Amtrak and the
United States Postal Service. Many
states have government owned businesses for operations as well. Generally speaking, a
statute passed by a legislature specifically sets up a government owned company in order to undertake a specific public purpose with public funds or public property.
Privatization
''Main article:
privatization''
In
Japan,
Japan Post is partially owned by the government, but is about to get sold to the
public during the following years (following 2004).
Japan Railway (
JR),
NTT and
Japan Tobacco were formerly owned by the government.
See also
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Government
★
Government debt
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Government ownership
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Public sector
★
State-owned enterprise
External links
United States
All levels
★
Current Report: Financial Report of the United States: Publications & Guidance: Financial Management Service
Federal level
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Current Report: Combined Statement of Receipts, Outlays, and Balances of the United States Government (Combined Statement): Publications & Guidance: Financial Management Service