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MTEF is The Bayesian Heresy

Public Financial Management, Healthcare reform, Medium-Term Expenditure Frameworks, Economic Policy and All Things Fiscal.

Saturday, November 1, 2008

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offsetting behaviour
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A basics reading list- for new Finance Ministers

Chief Performance Officer
Participation, from campaigning to governing
If, When, How: A Primer on Fiscal Stimulus
The basic economic analysis of a (green) subsidy
Charting the Road to Ruin
Real Change...
Budgets Behaving Badly
Two perspectives on commercial and central bank solvency
Toward a 21st century government
Confirmation of Political Appointees: Eliciting Nominees’ Views on Management Challenges within Agencies and across the Government
The Next Government of the United States: Why Our Institutions Fail Us and How to Fix Them
Err on the Side of Overreacting
How Much Does it Cost to Create a Job?
Understanding PPPs and PPP-based national accounts
What a massive fiscal boost can and cannot accomplish
An India bookshelf
Unproductive Public Expenditures: A Pragmatic Approach to Policy Analysis
Guidelines for Fiscal Adjustment
Fiscal Dimensions of Sustainable Development
Fiscal Adjustment for Stability and Growth
The System of Macroeconomic Accounts Statistics: An Overview

Financial Crisis Reading List

Financial Crisis Has Biological Roots, Too
The maths of the credit crunch
Financial Crisis for Beginners
Everything You Wanted to Know about Credit Default Swaps
Mind Your Value Judgements
Blueprint for a Modernized Financial Regulatory Structure
How Mortgages Became Part of the Mess
Bretton Woods and the Great Inflation
The US current account deficit and the dollar
Financial Crisis: Priorities for Regulatory Reform
Liquidity, Time Preference, Brad DeLong, and the missing $20 trillion
Liquidity, Default, Risk
Real balance effects (wonkish)
Origins of the Economic Crisis — In One Chart !
Good and Bad Policy in a Crisis
What Really Happened?
The Crisis & What to Do About It- Soros
Woodward and Hall analyze the financial crisis and the recession
Does exchange rate flexibility speed up current account adjustment?
Blanchard on "The Tasks Ahead"
Monetise public debt and deficits
Lessons from the Subprime Crisis
Report of the Internal Working Group on Debt Management
"Imperfect Knowledge and Post-Crisis Reform of the Financial System"
G20 Paper: Financial Crisis and Developing Countries
Global Turbulences and Slowdown in G7 Growth
Fallout: America's Financial Crisis
Fed Tackles Crisis With Sweeping Policy Changes
Does the TED Spread Really Matter?
Understanding the Subprime Mortgage Crisis
Understanding the Securitization of Subprime Mortgage Credit
The Panic of 2007
The four stages of the global financial crisis
The Structure of Financial Supervision
Fundamentalists versus Realists
How did the credit rating agencies misfire?
What Next for Fannie and Freddie?
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An Expert-Induced Bubble
Mankiw, Rogoff, and Merton
Fixing the Paulson Plan
The role of the credit rating agencies
The Current Financial Mess
The Great Bailout Brouhaha
More Op-Eds on the Crisis
Concord Coalition Urges Policymakers To Budget For The Bailout
Net budget cost of Treasury proposal
8 Steps to a Trillion-Dollar Meltdown
White Swans Painted Black
The humbling of the Fed
Crisis roundtable: Which world are we in?
The Economists' Voice- on the Paulson Plan
Princeton Forum on Crisis
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Greenspanism and Its Discontents
Systemic Sudden Stops: The Relevance Of Balance-Sheet Effects And Financial Integration
America’s bail-out plan
A Plan for Addressing the Financial Crisis, Bebchuk

Reading List

Implementation of Monetary Policy and the Central Bank's Balance Sheet
Budget Inferno
Strengthening Ministries of Finance
Guidance Note on Debt Sustainability Analysis for Market Access Countries
Activity-Based Costing: Is it Applicable in Governments?
Creating Sustainable Fiscal Space for Infrastructure
Reconciling Short-run and Long-Run Budgetary Policies
Governance, Growth, & Development Decision Making
The Nation's Long-Term Fiscal Outlook: September 2008
Rethinking the Growth Diagnostics Approach: Questions from the Practitioners
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Cape Verde - The challenge of increasing fiscal space
Of Mountains and Molehills: MTEFs
Effective Aid by 2010? What it will take
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Mundell-Fleming Lecture: Exchange Rate Systems, Surveillance, and Advice
Federal Budget Rules The US Experience
Jordan PEFA
Budget Processes in Poland
"The Use and Effectiveness of Budgetary Rules and Norms in the EU States
F&D September 2008
PEFA Lite- Uganda
Contrast and Foundation of the Public Oversight Roles of the U.S. GAO and the U.K. NAO
“Pity the Finance Minister”
Fiscal Adjustment for Stability and Growth
Capital account liberalisation: New thoughts on an old topic
World Bank Support for Public Financial Management: Conceptual Roots and Evidence of Impact
Embedding a medium term perspective in budgeting
PFM Reforms: Lessons from Ghana, Tanzania and Uganda

Assorted on Budgeting

British Influence on Commonwealth Budget Systems
Choosing a Budget Management System: The Case of Rwanda
Good, Bad or Ugly? On The Effects of Fiscal Rules with Creative Accounting
Performance Budgeting--Is Accrual Accounting Required?
Developing costing tools
The death of MTEFs?
The social discount rate : estimates for nine Latin American countries
Infrastructure and growth in developing countries : recent advances and research challenges
Fiscal rules, public investment, and growth
Labor market policy in developing countries : a selective review of the literature and needs for the future
Economic benefit of tuberculosis control
Infrastructure and public utilities privatization in developing countries
Health systems in East Asia : what can developing countries learn from Japan and the Asian tigers ?
Policy and planning for large infrastructure projects : problems, causes, cures
Infrastructure services in developing countries : access, quality, costs and policy reform
Public expenditures and environmental protection : when is the cost of funds irrelevant?
The marginal cost of public funds in Africa
Can cost-benefit analysis guide education policy in developing countries ?
On measuring the benefits of lower transport costs
Cost Benefit Analysis: Concepts and Practice, 3/E
Recurrent expenditure requirements of capital projects

Capital Budgeting

A Review of Capital Budgeting Practices
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Capital Budgeting- Part I
Strategic Asset Management - Templates (WA Treasury)

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PFM Board
Determinants of Government Efficiency
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Public Sector Performance Budgeting: Linking Funding to Results
Does Performance Budgeting Work? An Analytical Review of the Empirical Literature
Logical Framework approach
How to Build M&E Systems to Support Better Government
Better Planning: Better Futures
Outcome Based Management: Guidelines for use in the WA Public Sector

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Patient Opinion
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TheyWork4You
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SMALL STATES

Cape Verde - The challenge of increasing fiscal space
Caribbean development in the 21st century
Costa Rica - Public expenditure review
Costa Rica- CEM 2006
Croatia - Restructuring public finance to sustain growth
Evaluability Assessment of Cape Verde
It's the policies that matter?
Making SOE Reforms Work in Fiji, Samoa, and Tonga
Malawi - Public expenditure review 2006
Mauritius - CEM 2007
Mauritius - Economic Transition Project
Public Financial Management: Principal Issues in Small Pacific Island Countries
Seychelles: Selected Issues (2008)
Uganda - Fiscal policy for growth
What Attracts Tourists to Paradise?

Economic Policy & Development Curriculums

Program in Economic Policy Management
MSc in Policy Economics

PEM Blogs

CBO Director;s Blog
Concord Coalition's blog
Economist Mum
IGFM
IMF PFM Blog
Legistorm Blog
Notes on Social Security Reform
OMB Watch
Open Budgets Blog
pgpf blog
US Budget Watch

Governance & Development Blogs

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Caribbean Political Economy
CGD Blog
Charles Kenny
Chris Blattman
Dani Kaufmann
Dani Rodrik
Development Drums- podcast show
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IFIWatchnet
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Owen Barder
Oxfam research head
Poverty Reduction Blog
The Better Aid Blog

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Three Percent
The Word of the Day- Merriam Webster
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paper cuts
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Spelling Bee
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Personal Productivity

Assistive Technology
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Databases & Models

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A Medium-scale Open Economy Model of Australia
Database of Financial Reforms
The Leaps Project
Povcal software
PovcalNet
Fiscal Strategy Model -NZ
Country Budget Laws
PFM Reform Database?
OECD Budget Practices Database

Charts and Visualisations

I Hope So, Too
A visual guide to financial crisis
Assessing Obama's Promises
Clinton Foundation Donors: Search
Bill Clinton: Life After the White House
Lessons From 'Hard Lessons'
Hard Lessons: The Iraq Reconstruction Experience
A Crash Heard Around the World
All of Inflation’s Little Parts
How This Bear Market Compares
Second Presidential Debate
Executive Compensation

Books

Budget System Reform in Emerging Economies: The Challenges and the Reform Agenda
Government 2.0
Governance, Corruption and Public Financial Management
Governance and Accountability Series
Memos to the Governor- Introduction to State Budgeting
The Politics of Public Budgeting: Getting And Spending, Borrowing And Balancing
Public Budgeting: Policy, Process, and Politics
The Evolution of Public Finance and Budgeting: A Quarter Century of Developments
Fiscal Administration: Analysis and Applications for the Public Sector
Controlling Public Expenditure: The Changing Roles of Central Budget Agencies-Better Guardians?
Public Finance & Public Policy, Gruber
The New Public Finance
Modern Public Finance, Quigley and Smolensky

In Brief

Pakistan Experience with PFM Reform project
Best Practices for Curbing Corruption in Asia
Best practices in customs reform - lessons from Morocco
Best Practices-USAID
High-Risk, Post-Conflict Engagement-FM Work in Afganistan
Korea's move to e-procurement
Lessons from Armenia's Institutional and Governance Review
Managing Decentralization
MDG Targets: Misunderstood or Misconceived?
Modeling Pay and Employment
Performance budgeting: A users' guide
Performance-based budgeting: beyond rhetoric
Pro-poor growth: what is it?
Promoting Results-Based Management
Reforming Tax Systems: Lessons from the 1990s
Risk Based Audit Approach in Kenya
Strengthening Governance through Constitutional Reform
Thailand's hurdle approach to budget reform
The Medium Term Expenditure Framework
The Public Sector Governance Reform Cycle: available diagnostic tools
Treasury Management Reform
Understanding Government Auditing
Understanding Public Procurement
What is Public Expenditure Management (PEM)?
Why worry about tax expenditures?
Writing an effective anticorruption law

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Talks & Events - Multimedia

Lee Kuan Yew School of Public Policy

Jobs- International Development

Job Openings for Economists
Development Ex
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Eldis -Jobs

Government Budgeting Courses- Syllabuses

Introduction to Public Sector Budgets-Rutgers

Trainings and Seminars

Efficiency Enhancement in Public Investment Management
The Political Economy of Civil War and Terrorism
3rd High Level Forum on Aid Effectiveness
Performance Budgeting- Mexico '08
Anti-Corruption- An Introduction (Fall 2004)

Economic Indicators

Gallup’s New Job Market Measure
Swivel- Economics
The Job Market for College Graduates
Location Quotient Calculator
CPI Inflation Calculator
ICT at a Glance Tables
ICT expenditure 2000 – 2006
Baltic Dry Index
Architecture Billings Index

Standards & Codes

Manuals and toolkits
EITI
Publish What You Pay
Open Budget Index

Statistics: Manuals & Guides

Forecasting Macro Variables Game
Glossary of Business Cycle Indicators
GFSM 2001
International Transactions in Remittances: Guide for Compilers and Users

Journals

Governance
Governing
Monthly Labor Review
Public Administration Review
Intl Journal of Accounting
Intosai Journal
Public Money & Management
Fiscal Studies
Financial Accountability & Management
Public Budgeting & Finance
OECD Journal on Budgeting

PEM Consultancies

dg Market
Economics & Strategy Group Ltd
ECORYS
IBI Consulting
IMCL
Mokoro
PDP Australia
REPIM
Southern Cross Intl
Stanton Partners

PFM People

Mauro Napodano
Matt Andrews
Graham Scott
Jorge Martinez-Vazquez
Richard M. Bird

Public Management and Public Policy Schools

Ash Institute for Democratic Governance
McCormack Graduate School of Policy Studies
Maxwell School
The School of Public Affairs at American University
Martin School
The International Studies Program-GSU
Andrew Young School of Policy Studies

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ADBI Discussion Papers
Applied Microeconomic Studies
Asian Development Review
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Costab 32
Country Diagnostic Studies
Database and Development Indicators
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Key Indicators
Projects
Technical Assistance

IMF - Quick Links

Article IV Staff Reports
Civil Society Newsletter
Economic Issues
F & D
Factsheets
Fiscal Transparency
GFS Data Mapper
Global Financial Stability Report
Government Finance Statistics
IMF Data Mapper
IMF Seminars
IMF Surveyv
Job Opportunities
JOLIS Library Catalog
PFM Blog
Policy Discussion Papers
Publications- Fiscal Management
ROSCs
Scholarships
Views and Commentaries
Webcasts
WEO Databases
Working Papers

Think Tanks & Centers

Motu Economic and Public Policy Research
Concord Coalition
Collaborative Africa Budget Reform Initiative
Center for Excellence in Finance
PEMPAL
Pacific Financial Technical Assistance Center
African Capacity Building Foundation
NIPFP- India
International Budget Project

This and That

Shadow Government Statistics
Public.Resource.Org
USASpending.gov
Budget Hero

Blog Archive

► 2011 (41)
- ► December (1)
- ► November (2)
- ► October (1)
- ► September (12)
- ► August (6)
- ► July (1)
- ► May (1)
- ► April (1)
- ► February (11)
- ► January (5)

► 2010 (102)
- ► December (6)
- ► November (6)
- ► September (24)
- ► August (1)
- ► July (7)
- ► June (6)
- ► May (6)
- ► April (8)
- ► March (19)
- ► February (8)
- ► January (11)

► 2009 (175)
- ► December (6)
- ► November (4)
- ► October (2)
- ► September (5)
- ► June (4)
- ► May (13)
- ► April (15)
- ► March (41)
- ► February (19)
- ► January (66)

▼ 2008 (424)
- ► December (160)
- ▼ November (67)
- ► October (41)
- ► September (114)
- ► August (42)

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Market Design

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"The Angry Grammarian: A New Musical"
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American Geophysical Union 2024: Key Research From the Columbia Climate School
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Crooked Timber

Trump’s dictatorship is a fait accompli
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News: Datablog | guardian.co.uk

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Derivative Dribble

Information and the Continuum Hypothesis
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EconoSpeak

Coming Up For Air
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The Irish Economy

Irish Economic Association Annual Conference 2025: Call for Papers
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Economics Blog

The Real Reason Young People are Not Working
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scatterplot

citizenship as legitimized racism
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Offsetting Behaviour

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Trade Diversion

Spatial economics JMPs (2024-2025)
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Greg Mankiw's Blog

A Great Podcast about the Great Economist Franco Modigliani
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How to implement a knowledge management system
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Supply and Demand (in that order)

Biden-Harris policies and their consequences were no surprise to those paying attention
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Africa Unchained

Africa and the Tyranny of the Cult of Mediocrity - Helen Grange
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Ben Casnocha: The Blog

Recent Appearances and Interviews
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Early evidence from the personal insolvency framework in India
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Algorithmic Game Theory

IMS Program “Algorithmics of Fair Division and Social Choice”
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East Asia Forum

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Tea with FT

Degrowth and downsizing are family
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Interfluidity

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Environmental Economics

New working paper: "Review of Contingent Valuation of Environmental Goods: A Comprehensive Critique. Edited by Daniel McFadden and Kenneth Train (2017): An Update"
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UnderstandingSociety

Why are English majors disappearing?
4 months ago
Wired Science

Aging Might Not Be Inevitable
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Wired: Threat Level

War Crime Prosecutions Enter a New Digital Age
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International Political Economy Zone

African Extractive Industries: PRC Neocolonialism
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Charles Kenny

Two Futures for Global Development
6 months ago
Information Processing

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Core Economics

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ReadWriteWeb

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Islam and Economics

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Sentencing Law and Policy

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Stumbling and Mumbling

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Junk Charts

Losing the plot while stacking up the bars
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Cafe Hayek

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The Baseline Scenario

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Making Change

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Steve Keen's Debtwatch

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Overcoming Bias

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EconomistMom.com

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Chris Blattman's Blog

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Test mastodon post
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The Austrian Economists

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The Harvard Law School Forum on Corporate Governance and Financial Regulation

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Financial Rounds

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