PADM 5820 - International Public Financial Management

Over the past two decades, organizations ranging from the Government Finance Officers Association (GFOA) to the International Monetary Fund (IMF) have promulgated a variety of innovations in public financial management (PFM). Practitioners of PFM now recognize that they are not only involved in the budgetary process. They also contribute to broader concerns regarding public service provision and long-term financial sustainability. As an interdisciplinary field, PFM is uniquely situated to address such concerns, and innovations vary considerably across levels of government and countries. To help future practitioners and researchers, this course will review the fundamentals of PFM and examine its recent innovations in developed and developing countries. The course will cover key reports and guidelines from organizations such as the GFOA, IMF, and the World Bank as well as case studies of individual countries. Students will read and interpret budgets across different countries and levels of government. Additionally, students will learn how to apply different innovations in PFM developed over the past two decades such as: multi-year budgeting and forecasting, fiscal policies and institutions, the use of technology to achieve efficiency and effectiveness, and civic engagement in the budget process.

Note: Open to upper-level undergraduate and graduate students.

Credits: 3 hours

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