Suchergebnisse

Public Financial Management covers the five major pillars of this sub-discipline of public administration: context, public finance, retirement systems, performance measurement and budgeting, and international perspectives. This text offers practitioners information valuable in their day-to-day operations, while also providing students in public administration and public management programs with a solid foundation for their own development as future professionals and researchers. Overall this volume promotes linkages between resource allocation and "value-adds" for citizens and stakeholders, dr

Transparent and prudent local financial management has come to be recognized as critical to the integrity of local public sector and to gaining and retaining trust of local residents. Such integrity and trust is sometimes lacking in some local governments in developing countries, especially in the Africa region. This volume attempts to provide practical guidance to local governments interested in establishing sound financial management systems. Leading international experts have contributed to all relevant aspects of local public financial management - cash management, internal controls, accounts, audits, and debt management.

Public sector modernization and public financial management reforms are important areas of focus for Jamaica, particularly because of the impact that fiscal and budget-management practices and policies have on growth. Although the Government of Jamaica (GOJ) has undertaken several initiatives during the past few years aimed at strengthening management of its public finances, several fundamental issues continue to affect its fiscal performance. Fiscal management in Jamaica has been guided by a set of rules that does not support strategic approaches necessary for addressing its existing challenges. Budget planning is fragmented, especially for capital expenditures. Systems for ensuring that public investment allocations are clearly prioritized and aligned with strategic development plans and programs are inadequate. The weak link between government priorities, planning, and budget contributed to inefficient monitoring of public spending. The recent PEFA Assessment conducted in late 2012 confirms these conclusions. Addressing these impediments is the basis for the support provided by the current program. Therefore, the interventions coupled with this project aimed to enhance public financial management (PFM) by supporting efforts to improve strategic budget processes and public investment management through the provision of policy advice, technical assistance, and knowledge generation and dissemination. By doing that, it was intended to alleviate some of the PFM-based constraints, distortions and factors limiting growth such as inefficient budgeting processes, insufficient control over public investment planning process, and weak links between government priorities, planning, and budget.

Public Financial Management: Cambodian Experiences is prepared by the General Secretariat of Public Financial Management Reform Steering Committee (GSC) to promote general understanding and knowledge of Public Financial Management (PFM) among government officials and the general public. The book starts with an overview of PFM in Cambodia, with a brief introduction to the discipline of public financial management. It then discusses Cambodia's experience in implementing PFM reform and its impact on public finance in general. After that, it also shows how PFM has reformed the government budgeting process and the challenges in its implementation. Finally, case studies of Cambodian reform efforts and selected ASEAN and OECD countries' experiences with PFM reform are presented. We, GSC hope that this book can be a good resource for those who are interested in PFM reform in Cambodia and lessons learnt for other developing countries

Public administration and management (PAM) scholars have long recognized that financial resources are the lifeblood of public organizations. Less appreciated is how the study of public financial management (PFM) can inform the theory, research, and practice of PAM broadly. In this article, we argue that PFM research brings a variety of conceptual, analytical, and empirical insights to bear on some of public administration and management's timeless questions. To illustrate this claim, we synthesize findings from a variety of research across the PFM subfield. Adapted from the source document.

This public financial management performance report (PFM-PR) is the first assessment of Mongolia's PFM system using the public expenditure and financial accountability (PEFA) framework. The report aims principally to establish an objective baseline measure of current PFM performance, highlighting areas of absolute and relative strength and weakness, thereby enabling a stock-taking of over a decade of PFM reforms in Mongolia and guiding the government in its reform priorities. The assessment covers PFM at the budgetary central government level. The PEFA is an evidence-based methodology that measures the performance of a country's PFM system at a particular point in time using a set of standardized indicators. The assessment is done on six dimensions of an open and orderly PFM system identified by the framework, which are: credibility of the budget; comprehensiveness and transparency; policy-based budgeting; predictability and control in budget execution; accounting, recording, and reporting; and external scrutiny and audit. This PEFA assessment will complement the considerable work that has already taken place on public expenditure management, which includes regular economic updates, public investment reviews, procurement reviews, analytic work conducted and supported by the World Bank funded technical assistance projects, as well as technical assistance mission reports of the International Monetary Fund (IMF).