Description
Palgrave The International Handbook of Public Financial Management by Richard Allen, Richard Hemming, B. Potter
The Handbook is a virtual encyclopedia of public financial management, written by topmost experts, many with a background in the IMF and World Bank. It provides the first comprehensive guide to the subject that has been published in more than ten years. The book is aimed at a broad audience of academics/students, government officials, development agencies and practitioners. It covers both bread-and-butter topics such as the macroeconomic and legal framework for budgeting, budget preparation and execution, procurement, accounting, reporting, audit and oversight, as well as specialist subjects such as government payroll systems, local government finance, fiscal transparency, the management of fiscal risks, sovereign wealth funds, the management of state-owned enterprises, and political economy aspects of budgeting. The book sets out numerous examples and case studies describing good practice in public financial management, and is highly relevant for use in both advanced and developing countries._x000D_ Table of contents : - _x000D_
Introduction_x000D_
PART I: THE INSTITUTIONAL AND LEGAL FRAMEWORK _x000D_
The Macroeconomic Framework for Managing Public Finances in a Global Environment_x000D_
Fiscal Rules and Public Financial Management_x000D_
The Legal Framework for Public Finances and Budget Systems_x000D_
Political Economy Aspects of Managing Public Finances_x000D_
Role, Responsibilities and Structure of Central Finance Agencies_x000D_
Role of the Legislature in Budget Processes_x000D_
Strengthening Performance in Public Financial Management_x000D_
PART II: ALLOCATION OF RESOURCES _x000D_
The Coverage and Classification of the Budget_x000D_
Policy Formulation and the Budget Process_x000D_
Medium-term Fiscal and Expenditure Frameworks_x000D_
Managing for Results and Performance Budgeting _x000D_
Fiscal Federalism and Intergovernmental Financial Relations_x000D_
PART III: MANAGING BUDGET EXECUTION_x000D_
The Budget Execution Cycle _x000D_
Public Procurement_x000D_
Managing Government Payroll_x000D_
The Treasury Function and Treasury Single Accounts_x000D_
Internal Control and Internal Audit _x000D_
Managing Extra-budgetary Funds_x000D_
PART IV: MANAGING GOVERNMENT REVENUES_x000D_
Tax Design from a Fiscal Management Perspective_x000D_
Revenue Forecasting _x000D_
Efficient Revenue Administration _x000D_
Customs Administration _x000D_
User Charges and Earmarking_x000D_
Managing Natural Resource Revenues _x000D_
Managing External Aid _x000D_
PART V: LIABILITY AND ASSET MANAGEMENT_x000D_
Government Balance Sheets_x000D_
Public Investment Management and PPPs_x000D_
Managing Fiscal Risks_x000D_
Sovereign Wealth Funds_x000D_
Long-term Obligations and Generational Accounting_x000D_
Cash Management and Debt Management_x000D_
Managing State-owned Enterprises _x000D_
PART VII: ACCOUNTING, REPORTING AND OVERSIGHT OF PUBLIC FINANCES_x000D_
Strengthening Fiscal Transparency _x000D_
Government Accounting Standards and Policies _x000D_
Government Financial Reporting Standards and Practices _x000D_
Financial Management Information Systems _x000D_
External Audit _x000D_
Role of Independent Fiscal Agencies_x000D_
About the Editors and Contributors_x000D_
Glossary _x000D_
References_x000D_
Index_x000D_