Reforming Public Finances: What Works, What Fails, and Why

Name: Reforming Public Finances: What Works, What Fails, and Why
Brand: Palgrave MacMillan
SKU: 9783032123879
Price: 3202.0 INR
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by Richard Allen

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ISBN13: 9783032123879
Binding: Hardcover
Subject: N/A
Publisher: Palgrave MacMillan
Publisher Imprint: Palgrave MacMillan
Publication Date: February 14, 2026
Pages: 268
Original Price: EUR 43.59
Language: English
Edition: N/A
Item Weight: 468 grams
BISAC Subject(s): Public Finance

About The Book

In an era where public finance reform is more critical--and more complex--than ever, this Palgrave Pivot offers both clarity and actionable insight. Part A provides a comprehensive overview of the core issues at stake in reforming public finances, drawing heavily on IMF and World Bank experiences: What exactly does reform mean? What are the root causes and main forms of the problems countries face? "Which best practices and country examples, including AI opportunities and challenges, illuminate the path forward?" And crucially, what obstacles stand in the way of sustainable, effective change?

Part B delivers a concise, comparative assessment of 70 distinct reform types, weighing their advantages and disadvantages and offering a practical framework for prioritization. Using ten clear criteria, the book helps decision-makers determine which reforms are both urgent and feasible--cutting through the noise of overambitious strategies and highlighting what truly matters.

Challenging the status quo, the book critiques the prevailing technocratic approach to public finance reform, arguing for a shift toward managing political complexity and fostering institutional collaboration. It recognizes that while reform is often framed as a technical challenge, it is inherently political--disrupting entrenched interests, reallocating resources, and confronting inefficiency and corruption. Written for policy makers, finance ministers, their deputies, and senior advisors, this book seeks to move beyond one-size-fits-all solutions and drive real, lasting change in public finance.

About The Author

Richard Allen is a senior consultant and global adviser on public finance. He has advised finance ministers and governments in more than 70 countries worldwide. Richard has held senior positions at HM Treasury, the Board of the European Investment Bank, the OECD, the Asian Development Bank, the World Bank, and the IMF.

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