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25 Sep 17
China’s new accounting rules – the basic principles – introduce an accruals system and allow performance to be compared throughout the public sector
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19 Sep 17
At his annual state of the European Union speech last week, Jean-Claude Juncker said all countries in the EU should adopt the euro. The currency should “unite rather than divide”,...
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4 Sep 17
Brazil's large-scale privatisation of state assets may not be all that it seems. Gavin O'Toole, author of numerous books on the region, says although the sell-off has pleased the markets it...
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11 Jul 17
The latest G20 summit in Hamburg achieved very little and left anti-poverty campaigners feeling frustrated
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20 Jun 17
There is a clear link between disability and poverty, so we need a better way of tracking aid spending in this area. Disability markers could do this
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9 Jun 17
Local government finances face very different fortunes in Australia than they do in the UK. But in both, common challenges have prompted the same fundamental questions
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26 May 17
In its 2017 budget, New Zealand unveiled public finance forecasts likely to be envied the world over. Set for a significant, and growing, cash surplus, the government can tackle some long-standing...
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17 May 17
How the small island territory of Puerto Rico found itself at the centre of the US’s biggest ever public bankruptcy process, and why this might not be enough to solve the island’s problems for good
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16 May 17
The relationship between inequality is not uniform – it depends where in the world you look
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5 May 17
The unstoppable march of digitalisation will touch every area of government and business, accountancy included. Will accountants be able to adapt?
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19 Apr 17
Development banks have become a critical component of the effort to build up poorer economies, but their ways of working are flawed. As a result, their contributions can do more harm than good
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28 Mar 17
After a more than two-decade long civil war, Somalia has set off on the long path towards peace and prosperity. While the government has won praise for its public financial management reforms, it...
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14 Mar 17
The controversial private sector investment arm of the UK's Department for International Development has just been given access to a lot more of the country's aid money, but does it also have the...
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7 Mar 17
Public private partnerships are an important option for developing countries seeking to address their infrastructure needs. It’s vital that project teams have the skills to rise to the challenge
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2 Mar 17
A common but flexible international framework for monitoring South–South cooperation would greatly enhance accountability in this emerging area of aid
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23 Feb 17
New Zealand has recently started looking into the thorny issue of how to measure and improve productivity in the public sector
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21 Feb 17
Giving US states a greater say over how they pay for infrastructure projects and handing private investors tax breaks will create long-term benefits
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31 Jan 17
During 2016’s political upheavals, IPSASB stayed on course, working with standard setters around the world and on its own governance
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24 Jan 17
Supreme Audit Institutions have to earn the rights to hold others to account by being visibly accountable themselves
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6 Jan 17
The Greek government’s decision to pay out over €600m to the country’s pensioners in the form of a Christmas bonus shows up the weaknesses of its financial management system
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6 Dec 16
The Sustainable Development Goals have ambitions to leave no one behind. How do we square that with the need to achieve value for money?
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5 Dec 16
Blended finance could help tackle the funding gap faced by the 2030 Sustainable Development Goals. But this will require new methods of financial reporting
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15 Nov 16
The project to introduce European Public Sector Accounting Standards, a set of harmonised standards across the EU, continues with the current focus on technical issues
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14 Nov 16
Since taking office last year, Argentinean president Mauricio Macri has rocked the long-time socialist country with sweeping pro-market and for some, painful reforms. Where do his plans stand almost...
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11 Nov 16
PEFA has been supporting effective PFM reform since 2005. After the launch of its upgraded framework earlier this year, where next for the world’s principal method of assessing PFM performance?