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Author: Marta Postuła Publisher: Routledge ISBN: 1000578305 Category : Business & Economics Languages : en Pages : 217
Book Description
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.
Author: Marta Postuła Publisher: Routledge ISBN: 1000578305 Category : Business & Economics Languages : en Pages : 217
Book Description
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.
Author: Great Britain: National Audit Office Publisher: The Stationery Office ISBN: 9780102944723 Category : Political Science Languages : en Pages : 38
Book Description
This NAO report examines the state of financial management in the European Union. It is divided into three parts, with appendices. Part one, looks at the background; Part two, presents key findings in respect of the main expenditure areas, irregularities and possible fraud; Part three, looks at improving the financial management. Amongst the findings and recommendations of the National Audit Office are: for 2005, the European Union's expenditure totalled £71.1 billion, with a revenue of £72.3 billion, and the UK's net contribution coming to £2.5 billion, comprising payments of £8.3 billion, with a £3.5 billion abatement. Against this background of financial contribution, was a report from the European Court of Auditors, in October 2006, which found the accounts of the European Union did reflect the revenue and expenditure for the year, but had noted some errors in relation to balance sheet items, which led the Court not to issue a Statement of Assurance, which confirms the legality and regularity of the European Community's expenditure. For the NAO, the main findings included the views of the European Court of Auditors, that financial management had been strengthened and consolidated. Further anti-fraud measures, as introduced by OLAF (the European Union's Anti-Fraud Office) had also been strengthened, and that European Union expenditure was not subject to excessive fraud. The NAO sees the success of gaining a Statement of Assurance, as linked to the implementation of the European Commission's action plan of simplifying the rules and regulations governing European Union programmes (as noted in the HCP 498, session 2004-05, ISBN 0215023870). The Court of Auditor's also noted some weaknesses in the UK's management and control of structural measures programmes, and the NAO states that relevant UK authorities should ensure their risk management arrangements focus on the need for proper control and management of European Union funds.
Author: Halis Kıral Publisher: Springer Nature ISBN: 9811519145 Category : Business & Economics Languages : en Pages : 263
Book Description
This book provides an assessment of public financial management (PFM) reforms in developing countries using Turkey as a case study. The book elaborates on revenue management, expenditure management, public budget, public financial management information systems, asset and liability management, intergovernmental fiscal relations, accounting, financial reporting, and auditing. Bringing together academics and practitioners, the book analyzes the PFM reforms in the light of theoretical explanations and practices to reveal the achievements, challenges, and future perspectives of PFM.
Author: Jens Kromann Kristensen Publisher: World Bank Publications ISBN: 146481466X Category : Business & Economics Languages : en Pages : 168
Book Description
This project, based on the Public Expenditure and Financial Accountability (PEFA) data set, researched how PEFA can be used to shape policy development in public financial management (PFM) and other major relevant policy areas such as anticorruption, revenue mobilization, political economy analysis, and fragile states. The report explores what shapes the PFM system in low- and middle-income countries by examining the relationship between political institutions and the quality of the PFM system. Although the report finds some evidence that multiple political parties in control of the legislature is associated with better PFM performance, the report finds the need to further refine and test the theories on the relationship between political institutions and PFM. The report addresses the question of the outcomes of PFM systems, distinguishing between fragile and nonfragile states. It finds that better PFM performance is associated with more reliable budgets in terms of expenditure composition in fragile states, but not aggregate budget credibility. Moreover, in contrast to existing studies, it finds no evidence that PFM quality matters for deficit and debt ratios, irrespective of whether a country is fragile or not. The report also explores the relationship between perceptions of corruption and PFM performance. It finds strong evidence of a relationship between better PFM performance and improvements in perceptions of corruption. It also finds that PFM reforms associated with better controls have a stronger relationship with improvements in perceptions of corruption compared to PFM reforms associated with more transparency. The last chapter looks at the relationship between PEFA indicators for revenue administration and domestic resource mobilization. It focuses on the credible use of penalties for noncompliance as a proxy for the type of political commitment required to improve tax performance. The analysis shows that countries that credibly enforce penalties for noncompliance collect more taxes on average.
Author: European Commission Publisher: ISBN: Category : Business & Economics Languages : en Pages : 442
Book Description
Recoge: Part 1: The development of the Community's financial system - Part 2: The characteristics of the present financial system - Part 3: Establishment of the general budget - Part 4: Structure of the Community budget - Part 5: Implementation and external control - Part 6: Operations outside the general budget.
Author: Great Britain: National Audit Office Publisher: Stationery Office Books (TSO) ISBN: 9780102932348 Category : Political Science Languages : en Pages : 40
Book Description
Each year the NAO reports to Parliament on the financial management of EU funds, based on the audit by the European Court of Auditors. This report examines the findings for the financial year 2003 and reviews key developments and policies to strengthen financial management and control of the EU budget. It also summarises reported rates of fraud and irregularities, and considers issues arising on the management of EU funds in the UK. Findings include that, for the 10th year in succession, the Court qualified its opinion in a number of important aspects, including the legality and regularity of transactions for expenditure headings such as the Common Agricultural Policy, structural measures and pre-accession aid.
Author: Paul Stephenson Publisher: Routledge ISBN: 1000223574 Category : Political Science Languages : en Pages : 443
Book Description
This book offers comprehensive coverage of various aspects of financial accountability around the EU budget – how it is spent via policies, how institutions engage in checking policy performance (what taxpayers’ money actually delivers), and therein, the issues of monitoring, controlling, auditing, scrutinising and communicating budgetary expenditure. Presenting conceptual and theoretical approaches including financial accountability, learning, multi-level governance, implementation and throughput legitimacy, it looks at EU institutions (European Parliament, European Court of Auditors, European Ombudsman, European Public Prosecutor’s Office) and national bodies (supreme audit institutions at the national level), examining their contact with the EU budget. It details the historical development of accountability mechanisms (the ‘statement of assurance’, financial corrections, and parliamentary oversight by the Budgetary Control Committee (CONT)), and examines policy areas such as those of agriculture, social policy and cohesion (including Structural Funds and the Common Agricultural Policy), exploring the challenges of financial accountability in practice. Given the recent introduction of non-budgetary financial instruments and tools only partly financed by the EU budget, it sheds light on new burgeoning areas such as the European Stability Mechanism (ESM) and the European Fund for Strategic Investment (EFSI) and the challenges they bring for ensuring the accountability of public money. This book will be of key interest to scholars and students of audit and evaluation, budgetary spending and financial control and, more broadly, public administration, public policy and EU institutions and politics.
Author: Paul Stephenson Publisher: Routledge ISBN: 1000223558 Category : Political Science Languages : en Pages : 314
Book Description
This book offers comprehensive coverage of various aspects of financial accountability around the EU budget – how it is spent via policies, how institutions engage in checking policy performance (what taxpayers’ money actually delivers), and therein, the issues of monitoring, controlling, auditing, scrutinising and communicating budgetary expenditure. Presenting conceptual and theoretical approaches including financial accountability, learning, multi-level governance, implementation and throughput legitimacy, it looks at EU institutions (European Parliament, European Court of Auditors, European Ombudsman, European Public Prosecutor’s Office) and national bodies (supreme audit institutions at the national level), examining their contact with the EU budget. It details the historical development of accountability mechanisms (the ‘statement of assurance’, financial corrections, and parliamentary oversight by the Budgetary Control Committee (CONT)), and examines policy areas such as those of agriculture, social policy and cohesion (including Structural Funds and the Common Agricultural Policy), exploring the challenges of financial accountability in practice. Given the recent introduction of non-budgetary financial instruments and tools only partly financed by the EU budget, it sheds light on new burgeoning areas such as the European Stability Mechanism (ESM) and the European Fund for Strategic Investment (EFSI) and the challenges they bring for ensuring the accountability of public money. This book will be of key interest to scholars and students of audit and evaluation, budgetary spending and financial control and, more broadly, public administration, public policy and EU institutions and politics.
Author: Mr. M. Cangiano Publisher: International Monetary Fund ISBN: 1475512198 Category : Business & Economics Languages : en Pages : 468
Book Description
The first two decades of the twenty-first century have witnessed an influx of innovations and reforms in public financial management. The current wave of reforms is markedly different from those in the past, owing to the sheer number of innovations, their widespread adoption, and the sense that they add up to a fundamental change in the way governments manage public money. This book takes stock of the most important innovations that have emerged over the past two decades, including fiscal responsibility legislation, fiscal rules, medium-term budget frameworks, fiscal councils, fiscal risk management techniques, performance budgeting, and accrual reporting and accounting. Not merely a handbook or manual describing practices in the field, the volume instead poses critical questions about innovations; the issues and challenges that have appeared along the way, including those associated with the global economic crisis; and how the ground can be prepared for the next generation of public financial management reforms. Watch Video of Book Launch
Author: Joaquim Miranda Sarmento Publisher: Springer ISBN: 3030051749 Category : Business & Economics Languages : en Pages : 217
Book Description
This book offers an essential guide to Public Finance and National Accounts in the context of the European Union. Since the creation of the Eurozone, fiscal policy has been at the heart of economic (but also political/media) discussions in the EU. From the Stability and Growth Pact (1997) to the more recent Fiscal Treaty, EU and Eurozone, countries have been subject to various fiscal rules. The importance of these rules, and of the subsequent procedures that every Eurozone country has to adhere to, is unquestionable. The book provides the reader with an in-depth understanding of the complex EU rules concerning fiscal policy, breaking down the corresponding legal texts into simple and accessible language. It has a broad interdisciplinary appeal, and scholars and practitioners whose work involves these areas will find it of particular interest.
Author: Marta Postuła
Author: Marta Postuła
Author: Great Britain: National Audit Office
Author: Halis Kıral
Author: Jens Kromann Kristensen
Author: European Commission
Author: Great Britain: National Audit Office
Author: Paul Stephenson
Author: Paul Stephenson
Author: Mr. M. Cangiano
Author: Joaquim Miranda Sarmento