PPAS 3190 Lecture Notes - Lecture 12: Business Cycle, Incrementalism, Parliamentary Budget Officer

• School: York University
• Department: Public Policy and Administration Studies
• Course: PPAS 3190
• Professor: Sirvan Karimi

Document Summary

Week 7: budgets and financial management in the public service. Establishing budget is the most difficult task of government: An ideal budget must at least address three objectives: 3- raising the resources needed to fund expenditure finding the resources to fund these programs, government has to decide what type of taxes they will collect in order to accumulate, government can raise revenue by even borrowing money. When there is high unemployement, the gov is required to aid the social needs of the poorer people. The budgetary process: 1-preparation,--- 2-adoption----3- execution 4- auditing. 1-preparation: there are two sides, there is revenue side and then expenditure side, Factors that shape budgetary process: public pressures, health of the economy, ideological orientation of government, electoral calculation (political business cycle) and external constraints. Revenue side (the prime minister and the finance minister aided by relevant agencies) Expenditure side (other ministers have some latitude for input and influence)