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The first two decades of the twenty-first century have witnessed an influx of innovations and reforms in public financial management. This book takes stock of the most important innovations that have emerged, including fiscal responsibility legislation, fiscal rules, medium-term budget frameworks, fiscal councils, fiscal risk management techniques, performance budgeting, and accrual reporting and accounting.

Produktbeschreibung
The first two decades of the twenty-first century have witnessed an influx of innovations and reforms in public financial management. This book takes stock of the most important innovations that have emerged, including fiscal responsibility legislation, fiscal rules, medium-term budget frameworks, fiscal councils, fiscal risk management techniques, performance budgeting, and accrual reporting and accounting.