TNAG-1531-FCO40-2095-Hong-Kong-Vietnamese-refugees-general-1987 — Page 94

Multiplier effect

Objectives

Usually

refers to the second-round

effects on the level of economic activity

and employment resulting from an initial

expenditure (eg when

injection of

employers or a new project spend their

V

consumer

earnings and SO increase

demand). Local and regional multipliers

are commonly used to assess the effects

of urban and regional

regional policies. The

term is sometimes also used instead

of Gearing, but this is not preferred

usage.

statement of what is

achieved

planned

to

be

(usually outputs) by when

and at what cost. A quantified objective

is

usually called a target. Final

objectives of a policy (sometimes called

ultimate

objectives) should

relate

to the aims of the department and the

benefits of the policy; intermediate

objectives should contribute to the

final objectives, and the link

them generally represents

and-effect' assumption.

between

a 'cause-

Objectives

should be realistic

in relation

to

the

resources

available,

but

the

achievement

of them may depend

also

on assumptions made about other factors

in the

the environment.

In

case this

the

objective should be

set using the best

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