The International Handbook of Public Financial Management

Introduction<br>PART I: THE INSTITUTIONAL AND LEGAL FRAMEWORK <br>The Macroeconomic Framework for Managing Public Finances in a Global Environment<br>Fiscal Rules and Public Financial Management<br>The Legal Framework for Public Finances and Budget Systems<br>Political Economy Aspects of Managing Public Finances<br>Role, Responsibilities and Structure of Central Finance Agencies<br>Role of the Legislature in Budget Processes<br>Strengthening Performance in Public Financial Management<br>PART II: ALLOCATION OF RESOURCES <br>The Coverage and Classification of the Budget<br>Policy Formulation and the Budget Process<br>Medium-term Fiscal and Expenditure Frameworks<br>Managing for Results and Performance Budgeting <br>Fiscal Federalism and Intergovernmental Financial Relations<br>PART III: MANAGING BUDGET EXECUTION<br>The Budget Execution Cycle <br>Public Procurement<br>Managing Government Payroll<br>The Treasury Function and Treasury Single Accounts<br>Internal Control and Internal Audit<br>Managing Extra-budgetary Funds<br>PART IV: MANAGING GOVERNMENT REVENUES<br>Tax Design from a Fiscal Management Perspective<br>Revenue Forecasting <br>Efficient Revenue Administration <br>Customs Administration <br>User Charges and Earmarking<br>Managing Natural Resource Revenues <br>Managing External Aid <br>PART V: LIABILITY AND ASSET MANAGEMENT<br>Government Balance Sheets<br>Public Investment Management and PPPs<br>Managing Fiscal Risks<br>Sovereign Wealth Funds<br>Long-term Obligations and Generational Accounting<br>Cash Management and Debt Management<br>Managing State-owned Enterprises <br>PART VII: ACCOUNTING, REPORTING AND OVERSIGHT OF PUBLIC FINANCES<br>Strengthening Fiscal Transparency <br>Government Accounting Standards and Policies <br>Government Financial Reporting Standards and Practices <br>Financial Management Information Systems <br>External Audit <br>Role of Independent Fiscal Agencies<br>About the Editors and Contributors<br>Glossary <br>References<br>Index <br>