CSME Government Performance Management Framework (GPMF)
AbstractThere has been much discourse again over the last six to eight weeks on the issue of Government performance and the concept of performance budgeting has resurfaced. Some have recommended, the Accrual Budgeting approach, which is outlined in a previous 2004 International Monetary Fund (IMF) Article IV consultation document on Jamaica, others, have referred the matter to the area of zero based budgeting, however, this type of budgeting, although, theoretically ideal, practically, Jamaica and other Lower Middle Income (LMI) countries in the Caribbean Single Market And Economy (CSME) are not equipped for this and it would create serious political instability in the region as most from time to time operate on a Political Business Cycle(PBS).This speaks to the old Static Competitive Political Model(SCPM) as opposed to the Dynamic Competitive Political Model(DCPM), under which zero-based budgeting would operate optimally.
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Bibliographic InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0512003.
Length: 11 pages
Date of creation: 06 Dec 2005
Date of revision:
Note: Type of Document - pdf; pages: 11
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Web page: http://18.104.22.168
Caribbean Single Market And Economy(CSME); Trinidad; Jamaica; Barbados; CARICOM; Caribbean Government Performance; Government Performance Managment;
Other versions of this item:
- Peter W Jones, 2005. "CSME Government Performance Management Framework (GPMF)," Development and Comp Systems 0512004, EconWPA.
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-12-14 (All new papers)
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