Overview
- Addresses the budget system in a complex systems manner and from a general equilibrium, complex systems approach
- Looks at the budget as the result of many variables that are outside the finance department’s purview
- Suggests analysis of non-obvious relationships among actions in the budget process in order to optimize results
Part of the book series: Palgrave Studies in Public Debt, Spending, and Revenue (PDSR)
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (7 chapters)
Keywords
About this book
This book examines budgeting by analyzing the local government budget as a complex system, thus adding a new dimension to traditional budget textbooks. It is designed to complement existing texts—not replace—by putting the budget in a complex system, general equilibrium framework. A complex systems framework adds to conventional budget analysis in at least four ways: It looks at the budget as the result of many variables that are outside the finance department’s purview; it understands that there are multiple interdependences among these variables; it suggests analysis of non-obvious relationships among actions in the budget process in order to optimize results; and it argues that the actors in the process must understand that their budgetary behaviors have indirect and far-reaching implications that go beyond the budget document.
This book also uses concepts seldom discussed in the budgetary literature—that of governance, including concepts of the facilitative state,with adjustments for exogenous shocks; the forms of decision making; and the political climate of the jurisdiction. This framework notes methods of success of firms in the private sector that operate in environments of rapid technological change. While becoming a popular theoretical framework for how private sector firms change, dynamic capability analysis has received little attention in the public management field. This book utilizes DC since public sector organizations also face rapidly changing environments. Lastly, the book discusses the potential relationship between the local budget and local community welfare maximization.
Authors and Affiliations
About the author
Bibliographic Information
Book Title: The Local Budget as a Complex System
Authors: Jeffrey Chapman
Series Title: Palgrave Studies in Public Debt, Spending, and Revenue
DOI: https://doi.org/10.1007/978-3-030-94903-7
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
Hardcover ISBN: 978-3-030-94902-0Published: 22 July 2022
Softcover ISBN: 978-3-030-94905-1Published: 22 July 2023
eBook ISBN: 978-3-030-94903-7Published: 21 July 2022
Series ISSN: 2662-5148
Series E-ISSN: 2662-5156
Edition Number: 1
Number of Pages: XI, 114
Number of Illustrations: 7 b/w illustrations, 3 illustrations in colour
Topics: Public Finance, Public Policy, Public Administration