Public Budgeting: Theory and Practice

Public Budgeting is vital for governance particularly in developing democratic countries as they are striving to overcome the challenges of development. The present work attempts to provide comprehensive material useful for undergraduate and postgraduate courses in Public Administration. This book deals with theory and practice aspect of the management of public finance. This book is organized in nine parts and describes the basic premise of public budget; theories of Neo-Marxism, Public Choice, Incrementalism, Hierarchy, and Micro Budgeting; approaches that includes Lump sum Budget, Line-item Budget, Performance Budget, Program Budget Planning Programming Budgeting System (PPBS), Zero Base Budgeting, New Performance Budgeting, and Balanced Budget; budget process; control mechanism; accounting; auditing; and fiscal federalism.