The International Handbook of Public Financial Management is essential reading for governmental policy-makers, and practitioners and consultants working in this field, whose importance has been highlighted by the global financial crisis. It is a primary source for academics and students of...

Can an accrual budgeting system - a system in which budgetary spending authorizations to line ministries are formulated in accrual terms - serve the needs of good fiscal policy? If so, how must such a system be designed? What are the practical challenges which may arise in implementing sound...