Countries vary widely with respect to the share of government spending on health, a metric that can serve as a proxy for the extent to which health is prioritized by governments. World Health Organization (WHO) data estimate that, in 2011, health's share of aggregate government expenditure in...

An inquiry into water and wastewater in NSW recommended the 'regionalisation' of water services away from local councils. However, these recommendations have yet to be implemented. This paper argues that any 'regionalisation' of water services will have disastrous results on the financial...

Highway agencies attempt to apply efficient accounting systems to help improve the transparency of their budget allocation and their overall performance. The accrual accounting system has been adopted to substitute the cash accounting system by many central governments around the world. The...

China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...