This paper assesses the advantages and disadvantages of the French and British public expenditure management systems as …

uncertainties using the example of Papua New Guinea. Our study finds the advantages of expenditure rules, especially a recurrent … expenditure rule based on non-resource and non-grant revenue, interdependently determined by government debt and budget balance …

behavior of revenues, nonwage expenditures, and the overall fiscal balance in response to changes in the wage bill. We show …

Significant changes with far-reaching impact have taken place during recent years in public expenditure management …

A number of uncertainties about long-term expenditure commitments in industrial countries are examined: (i) the … assumptions underlying the projections, (ii) the potential to further reduce non-age-related expenditures, (iii) the implicitly … within narrow limits, to reduce non-age-related expenditures; (ii) fiscal policy frameworks tend to understate risks; and …

This paper looks at the factors that have to be considered when designing an aggregate expenditure ceiling. It is … argued that expenditure ceilings are effective in promoting fiscal discipline and sustainability, but that a number of trade … illustrates the discussion with a case study of medium-term aggregate expenditure ceilings in three countries: Finland, the …

There is increasing interest in fiscal decentralization in Peru as a mechanism to generate more involved decision … work needs to be undertaken to define more clearly expenditure responsibilities and financing mechanisms that increase … local accountability. In addition, a more transparent fiscal transfer system is needed, together with clarity in expenditure …

of expenditure fixed? Using newly assembled data on spending composition for 83 countries across all income groups, this … expenditures. The paper includes a discussion of the implications of the findings for Indonesia, a major emerging market where …