This comprehensive book describes and analyzes the substance and politics of public budgeting at the national, state, and local levels of government. In doing so, it takes a comparative approach, illustrating the distinctiveness of budgeting at each level, as well as highlighting the features common to all three. A unifying focus is the extent to which budgetary decision makers use the budget as a central vehicle to advance their policy preferences. This fully updated sixth edition provides an extensive and thorough analysis of the causes of the Great Recession, its economic consequences, and the policy responses which pushed the boundaries of conventional monetary and fiscal policy. Also new to this edition is a chapter on the intergovernmental dimensions of public budgeting, along with boxed features highlighting hands-on vignettes of contemporary practical challenges facing budget makers at the different levels of government.
This comprehensive book describes and analyzes the substance and politics of public budgeting at the national, state, and local levels of government. In doing so, it takes a comparative approach, illustrating the distinctiveness of budgeting at each level, as well as highlighting the features common to all three. A unifying focus is the extent to which budgetary decision makers use the budget as a central vehicle to advance their policy preferences. This fully updated sixth edition provides an extensive and thorough analysis of the causes of the Great Recession, its economic consequences, and the policy responses which pushed the boundaries of conventional monetary and fiscal policy. Also new to this edition is a chapter on the intergovernmental dimensions of public budgeting, along with boxed features highlighting hands-on vignettes of contemporary practical challenges facing budget makers at the different levels of government.
This book probes the hollow rhetoric of debt, deficits and austerity. It explores the decisions of parties of the left which have attempted to deflect criticisms of economic mismanagement and gain...
The study explores the de facto and de jure issues that affect the autonomy of local government Union Councils of Bangladesh in their budgeting decision-making process, leading to poor or good local...
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