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Public Spending Reviews: design, conduct, implementation

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  • Caroline Vandierendonck

Abstract

This paper proposes to highlight the main features and key success factors of the design, conduct and implementation of spending reviews, based on the experiences of EU Member States. Public expenditure accounts for almost half of the annual wealth created in the EU (49.0% of GDP in 2013). A major policy lesson stemming from the crisis is the need to enhance expenditure performance, which can be defined as the reinforced connection between funding decisions and policy priorities (shall this policy be funded with public money?) and subsequently between funding levels and results delivered to end-users (what is the value for public money?). Spending reviews appear as an adequate instrument of expenditure performance. They consist in seeking a 'smarter' expenditure allocation across national policy priorities based on a selective and sustainable expenditure-based consolidation.

Suggested Citation

  • Caroline Vandierendonck, 2014. "Public Spending Reviews: design, conduct, implementation," European Economy - Economic Papers 2008 - 2015 525, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  • Handle: RePEc:euf:ecopap:0525
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    File URL: http://ec.europa.eu/economy_finance/publications/economic_paper/2014/ecp525_en.htm
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    Cited by:

    1. Gianluca Misuraca & Csaba Kucsera & Fiorenza Lipparini & Christian Voigt & Raluca Radescu, 2016. "Mapping and Analysis of ICT-enabled Social Innovation initiatives promoting social investment in integrated approaches to the provision of social services: IESI Knowledge Map 2015," JRC Working Papers JRC101042, Joint Research Centre (Seville site).
    2. Daniela Monacelli & Aline Pennisi, 2015. "Spending Review: una, nessuna, centomila," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2015(1), pages 69-108.
    3. Álvaro Pina, 2016. "Making public finances more growth and equity-friendly in the euro area," OECD Economics Department Working Papers 1316, OECD Publishing.
    4. repec:fru:finjrn:190102:p:21-33 is not listed on IDEAS

    More about this item

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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