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Budgeting and governing for deficit reduction in the UK public sector: act 2 ‘the annual budget’

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  • Laurence Ferry
  • Peter Eckersley

Abstract

This paper explains how the UK government sets its annual budgets within the context of multi-year spending reviews, yet was able to announce policies in the 2011 annual budget that sat outside the 2010 spending review framework. As such, it illustrates that the budget process remains an enabler of changing circumstances and is not constrained by medium-term financial planning. This finding has implications for other jurisdictions that may be considering how best to balance annual flexibility with multi-year stability in public spending.

Suggested Citation

  • Laurence Ferry & Peter Eckersley, 2012. "Budgeting and governing for deficit reduction in the UK public sector: act 2 ‘the annual budget’," Public Money & Management, Taylor & Francis Journals, vol. 32(2), pages 119-126, March.
  • Handle: RePEc:taf:pubmmg:v:32:y:2012:i:2:p:119-126
    DOI: 10.1080/09540962.2012.656017
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    Cited by:

    1. Laurence Ferry & Peter Eckersley, 2015. "Budgeting and governing for deficit reduction in the UK public sector: act three 'accountability and audit arrangements'," Public Money & Management, Taylor & Francis Journals, vol. 35(3), pages 203-210, May.
    2. Eckersley, Peter & Ferry, Laurence & Zakaria, Zamzulaila, 2014. "A ‘panoptical’ or ‘synoptical’ approach to monitoring performance? Local public services in England and the widening accountability gap," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 25(6), pages 529-538.
    3. Carol Ludwig & Gregory Ludwig, 2014. "Empty gestures? A review of the discourses of ‘localism’ from the practitioner’s perspective," Local Economy, London South Bank University, vol. 29(3), pages 245-256, May.

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