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Chapter 1. AN OVERVIEW OF PUBLIC EXPENDITURE …

Chapter 1. AN OVERVIEW OF PUBLIC EXPENDITURE MANAGEMENTThis Chapter has two objectives. First, it places PUBLIC EXPENDITURE management (PEM)in the broader context of the role of the state, good governance, macroeconomic policy, andthe changing environment (especially in information and communication technology). To viewPEM only through a technical prism would fundamentally distort the picture. Second, thechapter provides a quick run-through of the entire EXPENDITURE management cycle . Thischapter can therefore serve as a map of the book for the thorough reader, as well as a stand-alone sketch of the key issues for the busy PUBLIC official (who should also read the last sectionof the concluding Chapter 17).

chapter provides a quick run-through of the entire expenditure management cycle. This chapter can therefore serve as a map of the book for the thorough reader, as well as a stand- ... as expenditure; strategic allocation has a counterpart in the tax incidence across different sectors; and tax administration, of course, is the revenue aspect of ...

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