CSME Government Performance Management Framework (GPMF)
There 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.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpdc:0512004. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.