Happy endings and successful stories in public sector financial management: a lesson drawing perspective

摘要

Public financial management reforms have been spread around the world in the last three decades, and different tools have been implemented in public administrations aiming at improving management and accountability in order to increase the efficiency of public services and the effectiveness of public policies. The reforms started under the NPM doctrine, but they have now been adapted to changing social and economic contexts. From this perspective, changes and reforms are still ongoing and public administrations are continuously innovating, introducing new tools and processes. The reforms and innovations cover several areas, such as accrual accounting and harmonization of accounting standards, performance measurement and management accounting.