Issues and New Directions in Public Expenditure Management
November 1, 1996
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Summary
The public expenditure management system is in a state of flux. Traditional approaches of expenditure management have serious limitations in addressing current and future tasks. The new approaches toward improved expenditure management, which emphasize the creation of task-oriented agencies, performance agreements, and competitive tendering and contracting, have considerable potential in meeting the tasks. But it is essential to address the detailed operational aspects of these new approaches so that they do not contribute to a shadow government or a government that continues to be weak in regard to contracts and third-party transactions.
Subject: Budget planning and preparation, Central government spending, Expenditure, Expenditure control, Public financial management (PFM)
Keywords: Australia and New Zealand, Budget planning and preparation, Central government spending, contract government, Expenditure control, expenditure management, Global, government contract, government program, government transaction, management system, shadow government, third party government, Western Europe, WP
Pages:
42
Volume:
1996
DOI:
Issue:
123
Series:
Working Paper No. 1996/123
Stock No:
WPIEA1231996
ISBN:
9781451854565
ISSN:
1018-5941
