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Comparative Public Budgeting - Global Perspectives on Taxing and Spending (Paperback, 2nd Revised edition)
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Comparative Public Budgeting - Global Perspectives on Taxing and Spending (Paperback, 2nd Revised edition)
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Every government engages in budgeting and public financial
management to run the affairs of state. Effective budgeting
empowers states to prioritize policies, allocate resources, and
discipline bureaucracies, and it contributes to efficacious fiscal
and macroeconomic policies. Budgeting can be transparent,
participatory, and promote democratic decision-making, or it can be
opaque, hierarchical, and encourage authoritarian rule. This book
compares budgetary systems around the world by examining the
economic, political, cultural, and institutional contexts in which
they are formulated, adopted, and executed. The second edition has
been updated with new data to offer a more expansive set of
national case studies, with examples of budgeting in China, India,
Indonesia, Iraq, and Nigeria. Chapters also discuss Brexit and the
European Union's struggle to require balances budgets during the
Euro Debt Crisis. Additionally, the authors provide a deeper
analysis of developments in US budgetary policies from the
Revolutionary War through the Trump presidency.
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