Not the quality of that expenditure.” Keeping a Tali of “The question is always how much you’re spending, “For me, this is one of the biggest failures of modernĭemocracies,” said Coelho. You’re doing with the resources the taxpayers have given you, and whether Portugal’s Office of the Finance Minister. Parliament the questions are always: ‘How much are you spending? Are youīuilding more, hiring more?’,” said Miguel Castro Coelho, Chief Economist at Hit the headlines, rather than to address the problem: ministers would, forĮxample, rather announce the recruitment of more nurses than an investment in technologies
So governments end up making spending pledges designed to “It’s hard sometimes to focus people on results, on utility – especially when you’re saying you’ll have to wait for the year after next to see results.” Torsten Arnswald: “It’s hard sometimes to focus people on results, on utility – especially when you’re saying you’ll have to wait for the year after next to see results.” “Politicians want to act and when they agree on items, the first thing they agree is how much to spend on them,” commented Torsten Arnswald, Head of the Fiscal Policy Division of Germany’s Federal Ministry of Finance. The spending of money over the achievement of outcomes. Of delegates had expressed frustration with politicians’ tendency to prioritise
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The discussion on ‘Monitoring and Managing Public Sector Performance’, a series Summit: an annual event, hosted this year in Paris by the French Ministry forĮconomy and Finance and supported by knowledge partners EY and Swiss Re. This proved a particular bugbear of the senior financeĭepartment and treasury leaders gathered at the Global Government Finance Resource management within government: the fact that ministers often focus onĪllocating budget, not on the goals that their investment is designed to UK’s Henley Business School, was commenting on one of the challenges to better Kakabadse, Professor of Governance and Leadership at the With, or will technology sort it out – or do our politicians need to mature a Policy delivery responsibility of the public servant: that is a tension inĮvery democracy,” said Andrew Kakabadse. “The urgency of the politician versus the accuracy and the
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