Public Financial Management and Its Emerging Architecture / / M. Cangiano, Teresa Curristine, Michel Lazare

• Record Nr.: UNINA9910971227703321
• Autore: Cangiano M
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2013
• ISBN: 9781475512205; 1475512201; 9781475512199; 1475512198; 9781475512212; 147551221X
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (470 p.)
• Altri autori (Persone): CurristineTeresa; LazareMichel
• Soggetti: Finance, Public - Management; Finance; Accounting; Budget planning and preparation; Budget Systems; Budget; Budgeting & financial management; Budgeting; Expenditure; Expenditures, Public; Finance, Public; Fiscal Policy; Fiscal policy; Fiscal risks; Fiscal rules; Macroeconomics; Monetary economics; Money and Monetary Policy; National Budget; National Government Expenditures and Related Policies: General; National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock; Public Administration; Public finance & taxation; Public finance accounting; Public Finance; Public financial management (PFM); Public Sector Accounting and Audits; United Kingdom
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Cover; Contents; Foreword; Acknowledqment; Abbreviations; Introduction: The Emerging Architecture of Public Financial Management; PART I:AN OVERVIEW OF CONTEMPORARY PUBLIC FINANCIAL MANAGEMENT REFORMS; 1 Reflections on Two Decades of Public Financial Management Reforms; PART II:DESIGNING AND BUILDING: PFM INNOVATIONS AND REFORMS; 2 Developing Legal Frameworks to Promote Fiscal Responsibility: Design Matters; 3 Numerical Fiscal Rules: International Trends; 4 Medium-Term Budget Frameworks in Advanced Economies: Objectives, Design, and Performance; 5 Managing and Controlling Fiscal Risks; 6 The Role of Fiscal Councils in Promoting Fiscal Responsibility7 In Search of Results: Strengthening Public Sector Performance; PART III:STRENGTHENING THE FOUNDATIONS: MODERNIZING THE PFM INFRASTRUCTURE; 8 The Role of Fiscal Reporting in Public Financial Management; 9 Cash Management and Debt Management: Two Sides of the Same Coin?; 10 Managing Public Investment; 11 Accrual Budgeting: Opportunities and Challenges; PART IV:ADAPTING TO THE ENVIRONMENT: PFM REFORM IN DEVELOPING COUNTRIES; 12 Bridging Public Financial Management and Fiscal Decentralization Reforms in Developing Countries; 13 Public Financial Management in Natural Resource-Rich Countries14 Challenges of Reforming Budgetary Institutions in Developing Countries; Contributors; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; T; U; V; W
• Sommario/riassunto: The first two decades of the twenty-first century have witnessed an influx of innovations and reforms in public financial management. The current wave of reforms is markedly different from those in the past, owing to the sheer number of innovations, their widespread adoption, and the sense that they add up to a fundamental change in the way governments manage public money. This book takes stock of the most important innovations that have emerged over the past two decades.