The Public Budgeting and Finance Primer

Key Concepts in Fiscal Choice

By: Jay Eungha Ryu

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Hardcover | 30 December 2013

At a Glance

Hardcover
336 Pages

Dimensions(cm)
23.5 x 19.05 x 1.91

Hardcover

RRP $368.00

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This primer succinctly summarises key theoretical concepts in fiscal choice for both practitioners and scholars. The author contends that fiscal choice is ultimately a choice of both politics and economics. The book first introduces budget institutions and processes at various levels of government, which restrict budget decision makers' discretion. It also explains budget decision makers' efforts to make rational resource allocations. It then shows how and why such efforts are stymied by the decision makers' capacity and institutional settings. The book's unique benefit is its emphasis on all the essential topics, with short, module-type chapters which can be read in any order.

Industry Reviews

"Jay Eungha Ryu's The Public Budgeting and Finance Primer brings public finance down from abstract clouds by recognizing that behind any abstract formulation resides real people with differences in what they know and what they desire, and who must put together programs and practices that not only must be articulated theoretically but must also be managed and administered by actual people. Where modern public finance generally locates its material as a proper subset of economic theory, Ryu's text locates public finance as a multi-disciplinary field of study, centered on economics to be sure, but touching as well, and significantly so, on politics, public administration, and law." --Richard E. Wagner, George Mason University, USA

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