Book Review: Richard Allen, Richard Hemming and Barry H. Potter (Editors), 2013. The International
Abstract
This volume presents a comprehensive series of readings on the topics of public financial management (PFM) and fiscal policy. Most of these readings have drawn upon the specific experience of the contributors as PFM practitioners, academics and consultants working in both developed and developing countries. The resulting book demonstrates that while PFM has come a long way since the publications by ADB of ‘Managing Government Expenditure’ by Salvatore Schiavo-Campo and Daniel Tommasi in April 1999; by IMF of ‘Guidelines for Public Expenditure Management’ by Barry H. Potter and Jack Diamond in 1999; and by OECD of ‘Managing Public Expenditure: A Reference Book for Transition Countries’ edited by Richard Allen and Daniel Tommasi in 2001, there is still a long way to go.
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