9 August 2019
Is Austerity a Choice? Managing Public Finances
This course aims to provide participants with the theoretical knowledge and critical tools for understanding the rationale for, and the impact of, public financial management policies on the economy in the context of austerity.
Since the 2008-9 financial crises, many countries of the world sought to adopt and deliver austerity measures in an effort to preserve the sustainability of public finances – with widely varying degrees of success. Followed by equally diverse fiscal policies that aimed to reinvigorate economic growth, the experience of the last decade offers powerful lessons as to the effectiveness of different approaches. Issues that will be discussed include the design of effective and sustainable public financial management systems, management of the ‘fiscal space’ of governments, development of public financial management capacity, the interplay with politics, and the role that international organisations like the IMF have in public financial management policies.
The course will draw examples and case studies from various countries and different thematic areas including fiscal planning, budgeting and expenditure reviews, debt management, transparency and accountability.
Dr. Alberto Asquer
A university student or a graduate at the time of attending the summer school, and 18+ years of age. Professional experience can be acknowledged as equivalent to a university qualification.
On successful completion of the course, a student should be able to demonstrate the ability to:
-Understand what SDGs are and how they matter for public policy and management
-Explain how the pursue of SDGs affects the policy-making process
-Explain how organisational and financial resources should be aligned to the pursue of SDGs
-Explain how the attainment of SDGs can be measured, appraised and reported
GBP 1750: There is a 10% earlybird discount for applications received by 31st March 2019
Unfortunately there are no SOAS scholarships available for this course