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Managing Public Expenditure [electronic resource]: Some Emerging Policy Issues and A Framework for Analysis / Paul Atkinson and Paul van den Noord

By: Contributor(s): Material type: ArticleArticleSeries: OECD Economics Department Working Papers ; no.285.Publication details: Paris : OECD Publishing, 2001.Description: 53 p. ; 21 x 29.7cmSubject(s): Other classification:
  • E62
  • H61
  • H40
  • H11
  • D61
Online resources: Abstract: This paper highlights some key policy issues regarding the performance of public expenditure and proposes an analytical framework for its assessment. The framework distinguishes three economic objectives of policies in the pursuit of better performance of public expenditure: macroeconomic sustainability, allocative efficiency (better outcomes per unit of public expenditure) and technical efficiency (less resource inputs per unit of public output). Against this backdrop, the paper discusses experiences of governments of OECD countries with various policy instruments, including fiscal rules, medium-term fiscal frames, market-based allocation mechanisms and flexible management and control. These experiences could serve as a starting point for peer reviews and international benchmarking ...
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This paper highlights some key policy issues regarding the performance of public expenditure and proposes an analytical framework for its assessment. The framework distinguishes three economic objectives of policies in the pursuit of better performance of public expenditure: macroeconomic sustainability, allocative efficiency (better outcomes per unit of public expenditure) and technical efficiency (less resource inputs per unit of public output). Against this backdrop, the paper discusses experiences of governments of OECD countries with various policy instruments, including fiscal rules, medium-term fiscal frames, market-based allocation mechanisms and flexible management and control. These experiences could serve as a starting point for peer reviews and international benchmarking ...

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