Fiscal performance in Latin America looks much improved this decade compared to the 1980s or 1990s. Is this a "structural" improvement or likely to be transitory? This paper answers this question by estimating the relationship between non-commodity revenue and the economic cycle, and evaluating...

Historical underpinnings of public administration -- The role of government -- Linking economics and politics -- Developing administrative ethics -- Moral agents -- Ethical behavior in organizations -- Transparency through financial management -- Political influences on public budgets --...

"Machine learning (ML) is changing virtually every aspect of our lives. Today ML algorithms accomplish tasks that until recently only expert humans could perform. As it relates to finance, this is the most exciting time to adopt a disruptive technology that will transform how everyone invests...

The recent financial crisis exposed both a naïve faith in mathematical models to manage risk and a crude culture of greed that embraces risk. This book explores cultures of finance in sites such as corporate governance, hedge funds, central banks, the City of London and Wall Street, and small...

1. The context of managing public money -- 2. Public sector budgeting -- 3. Taxation and other sources of income -- 4. Controlling income and expenditure -- 5. Costing and project appraisal -- 6. Partnerships and contracts -- 7. Measuring performance and value for money -- 8. Accountability and...

"The recent financial crisis exposed both a naïve faith in mathematical models to manage risk and a crude culture of greed that embraces risk. This book explores cultures of finance in sites such as corporate governance, hedge funds, central banks, the City of London and Wall Street, and small...

Investment in infrastructure is critical to economic growth, quality of life, poverty reduction, access to education, good quality healthcare--i.e, a dynamic economy. Yet amid scarce public capital, heavily indebted governments and increased demands on government resources, infrastructure...