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Australian Journal of Public Administration 66 4 , , Collaborative governance: A new era of public policy in Australia, , The Australian Journal of Politics and History 55 2 , , Australian Journal of Public Administration 67 3 , , Entrepreneurial management in the public sector, , The American Review of Public Administration 34 1 , , Articles 1—20 Show more. Performance Budgeting pp Cite as.
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The traditional view of public finance attributes three major goals to the management of public finance: stabilization, reallocation, and redistribution. For instance, provision of public educational services through the levying of taxation affects real income distribution, while distributional activities inevitably affect relative prices and consumer demands, and therefore the allocation of resources to the production of various goods. Of these interrelationships, there is perhaps no more crucial question for public finance than the following: How can society collectively determine the optimal amount of public goods, and how shall the costs of these goods be apportioned among individuals Due and Friedlaender, , p.
Spending reviews: A more powerful approach to ensuring value in public finances
The scope of this chapter is, first, to acknowledge the contribution that the answering of this question can have for the goal of stabilization through management of the aggregate fiscal position, but mainly to examine the specific mechanisms that can assist improving allocative efficiency through public budgeting.
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Alchian, A. Google Scholar. Alesina, A. Tabellini, , Why Do Politicians Delegate? CrossRef Google Scholar.
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Budgeting and public expenditures
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