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Public Financial Management in the European Union - Public Finance and Global Crises (Hardcover)
Loot Price: R3,987
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Public Financial Management in the European Union - Public Finance and Global Crises (Hardcover)
Series: Routledge Studies in Public Economics and Finance
Expected to ship within 12 - 17 working days
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This book reveals how to create efficient institutions and
coordinate policy on a transnational scale to ensure that European
Union integration can best meet social needs. It offers a combined
technocratic and humanist perspective on the discussion of public
financial management. The state, as part of its public policy,
should seek to preserve our social and environmental values, yet
there are mounting imbalances in society which point to the growing
role of the state in minimising them. Under such circumstances, it
is worth reflecting on how new challenges could require updated,
more complex formulas, to deal with crises in current times and for
social and economic policy making by states and the European Union
generally, which would ensure their compatibility with the world
financial markets. The work offers an in-depth and unique
performance analysis of European Union institutions compared to the
national entities of EU Member States. It contributes to the
ongoing debate on global public goods and the processes involved in
managing their provision. Further, it discusses public finance
management instruments, indicating their historical evolution in
practice and their effectiveness measured with the Human
Development Index. The author presents a proposal of how to manage
global, European and national public goods across three areas:
environmental protection, transnational infrastructure projects and
social policy. The book analyses public financial management
instruments used during the recent pandemic, making a distinction
between "regular" and "emergency" instruments and assessing their
effectiveness in specific economic situations. This will be of
interest to researchers and students of economics and finance, as
well as decision makers and practitioners from governments,
international organisations and specific non-governmental
organisations concerned with issues of public finance management.
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