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Will the Public Finance Management Tools be Effective?(Ⅱ)
Author(s): Allen Schick, Wang Yu
Pages: 57-
59
Year: 2016
Issue:
7
Journal: Jinan Finance
Keyword: public finance; information; procedure; rules;
Abstract: There exist shortfalls in the three public finance management tools,namely,information,procedure and rules. For example,the cost of obtaining external information is high,and there is information overload,conflict of policy-making division and negative function of rules. However,the management tools are not totally useless. The modernization of public finance management is a long-term task,which needs to constantly explore more complete information,complete procedure and more effective rules.
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