Chapter 1: The context of public financial management
The links below include all the resources mentioned in the ‘Further Watching and Reading’ section at the end of the chapter plus some other relevant resources I have found since the manuscript was finished.
International Handbook of Public Financial Management edited by Richard Allen, Richard Hemming and Barry Potter (2013)
Public Financial Management and Its Emerging Architecture edited by Marco Cangiano, Teresa Curristine and Michel Lazare (2013)
Beyond Doctrine: Refocusing PFM for Vital Public Objectives by Hedger, Manning & Schick
Money Creation in the Modern Economy by McLeay, Radia and Thomas (2014)
The Bank of England’s video on how money is created
Money, Money, Money series of podcasts by the BBC (2022)
Creating Public Value: Strategic Management in Government by Moore (1997)
Public Value: Theory and Practice by Benington & Moore (2011)
Getting Serious About Value by Mazzucato and Kaitel (2019)
Public Finance and Service Delivery: What’s New, What’s Missing, What’s Next? by Miller, Hart and Hadley (2021)
Harvard’s Center for International Development’s blog
Neil Cole’s Top 14 Public Finance Lessons
Stephanie Kelton’s TED talk, The Big Myth of Government Spending, explains modern monetary theory.
Below is a very short clip of Professor Mariana Mazzucato on BBC’s Newsnight programme explaining the myth that government spending is like household spending.
Prof Mariana Mazzucato on BBC’s Newsnight explaining government spending
The Modern Money Network promotes the public understanding of money and finance through education, discussion and scholarship
PEFA’s 2022 Global Report on Public Financial Management
The UK’s Office for Budget Responsibility has a useful databank for information about UK public spending
Mariana Mazzucato was interviewed in 2021 on Australia’s ABC radio about the public sector in the pandemic
There is a BBC Radio 4 show Understand: The Economy that explains common terms like GDP and inflation