Journal article

Balancing budget control and flexibility: the central finance agency as "responsive regulator'

Michael Di Francesco, John Alford

PUBLIC MANAGEMENT REVIEW | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD | Published : 2017

Abstract

This paper explores how the increasing need for budget flexibility might be reconciled with the necessity for control of public money by reframing the relationship between central finance agencies and spending agencies in ‘regulatory’ terms. The need arises because governments increasingly face complex, non-routine problems, which require them to develop greater capacity for collaboration and ‘flexibility’. At the same time, the public expects government to be accountable for how resources are used, which is conventionally framed in terms of procedural regularity. After surveying the contours of flexibility and the different ways budgeting practices inhibit collaboration in the public sector..

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University of Melbourne Researchers

Grants

Funding Acknowledgements

This work was supported by an Australia and New Zealand School of Government (ANZSOG) Research Grant (2012-2013).