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The challenge of sustaining respect in a central budget agency: what can Ireland learn from New Zealand?

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  • Joe Wallis
  • Shaun Goldfinch
  • Andy Klein

Abstract

A primary leadership challenge facing central budget agencies is sustaining the respect of finance ministers. Lessons are drawn in this article from the corrosive effect that missed opportunities to take the lead on economic strategy and public service modernization had on the long-term respect commanded by the Irish Department of Finance, and from the strategic re-orientation the New Zealand Treasury undertook to correct its tendency to ‘over-reach’ itself in these areas following a process of capacity-building and cultural transformation in the 1980s.

Suggested Citation

  • Joe Wallis & Shaun Goldfinch & Andy Klein, 2012. "The challenge of sustaining respect in a central budget agency: what can Ireland learn from New Zealand?," Public Money & Management, Taylor & Francis Journals, vol. 32(4), pages 281-288, July.
  • Handle: RePEc:taf:pubmmg:v:32:y:2012:i:4:p:281-288
    DOI: 10.1080/09540962.2012.691329
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