Public finance
Working paper
Public finance and service delivery: what's new, what's missing, what's next?
Since 2010, there has been growing interest in understanding how reforms to public financial management (PFM) systems can support improvements in spending on basic services. This paper takes stock of the emerging agenda on PFM and service delivery. It looks mainly at the way the...
Policy report
State finances after the pandemic
This report surveys the likely effects of the pandemic crisis on state budgets and then looks at the outlook for state fiscal aggregates as they were before the pandemic hit. It also traces the pre-crisis trends and trends and possible impacts of the crisis in...
Discussion paper
Inside the black box: the public finances after coronavirus
The global COVID-19 pandemic has required unprecedented government action at an unprecedented pace. It is vital that policymakers act to slow the spread of the virus, protect people's livelihoods and ensure the economic recovery delivers both prosperity and justice for the long term. This discussion...
Report
Alternative financing of government policies: understanding the fiscal costs and risks of loans, equity injections and guarantees
This report examines trends in the use of alternative financing arrangements, explains how these arrangements relate to the Commonwealth budget and identifies possible enhancements to budget reporting to support public understanding.
Report
McKinsey on government
This compendium focuses on the significant fiscal challenges facing jurisdictions around the world.