The UK government is part-way through significant cuts in spending on public services as it attempts to deal with the large hole in the UK's public finances. As part of this, grants from the UK Treasury to the Welsh Government have been reduced in real terms each year since 2009-10, and the...

Public Financial Management (PFM) reform is a central fiscal policy feature. However, previous studies and reforms in developing countries have been mixed, with literature mainly taking two broad approaches: Descriptive studies seeking to explain the types of reforms undertaken, modelled along...