The Doctrine of the Mean in Budgeting -- The Noble Man adheres to the mean; the petty -- The mean is the highest virtue. Few are those who can maintain it for long -- The Way is not practiced, and I understand why -- How unfortunate that the Way is not pursued -- Emperor Shun possessed great...

1 Introduction -- 2 Back to the Basics of PFM -- 3 New Goals, More Actors: Rethinking the political economy of fiscal institutions -- 4 The evolving and enduring role of finance ministries -- 5 The evolution of budgeting practices -- 6. Evolution of Treasury Practices -- 7 Planning and Budgeting...

National fiscal frameworks (NFFs) represent a set of domestic arrangements to enhance the predictability and transparency of public finances. This chapter looks into a specific aspect of institutional convergence: the development of NFFs in the EU-11 countries following their EU accession. The...