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Spending Reviews – a Tool to Support the Efficient Management of Public Funds

Author

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  • Postuła Marta

    (University of Warsaw, Faculty of Management, 1/3 Szturmowa St., 02-678 Warsaw, Poland)

Abstract

Purpose: Respective European Union member states′ interest in using spending reviews varies as there are no international mandatory regulations. The EU legislation contains general indications as to maintaining a rational fiscal policy, from the provisions of the TFUE, expanded in the Pact for Stability and Growth, and elaborated in 2011. Methodology: Adopting an interpretative research approach, this article elaborates a multiple explanatory case study design to discover how existing theories about public spending reviews are conceptualized by practitioners in their natural contexts. Findings: The deteriorated state of many countries′ public finances, as a result of the global financial crisis, has increased the interest in advanced innovative consolidation and fiscal stabilization methods. Spending reviews are among the most developed and advanced methods. Such reviews were conducted both by countries that had applied this instrument before (Netherlands, Denmark, Finland, United Kingdom, Australia), and by those that introduced them for the first time (Ireland, Canada, France). However, reviews are applied in countries characterized by significant economic advancement and mature public management systems. Originality: This article analyses and draws conclusions from several selected countries′ experience to date in using spending reviews. The budget functions are compared using information from the implementation of the spending reviews. This article contributes to filling two main gaps identified in the literature review.

Suggested Citation

  • Postuła Marta, 2017. "Spending Reviews – a Tool to Support the Efficient Management of Public Funds," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 25(2), pages 63-90, June.
    • Handle: RePEc:vrs:jmbace:v:25:y:2017:i:2:p:63-90:n:5
    DOI: 10.7206/jmba.ce.2450-7814.196
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    References listed on IDEAS

    as
    1. Mario Marcel, 2014. "Budgeting for fiscal space and government performance beyond the great recession," OECD Journal on Budgeting, OECD Publishing, vol. 13(2), pages 9-47.
    2. Franek Slawomir, 2016. "Social Objectives in Polish Fiscal Policy – Spending vs Performance," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 24(2), pages 74-88, June.
    Full references (including those not matched with items on IDEAS)

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