Public budgeting

the long version

Given that public budgeting is a political process in which public officials make value choices for society, understanding public budgeting is understanding power. Public Budgeting: Politics, Institutions, and Processes acknowledges the political power of budgeting, examines its concepts and mechanics, and assesses the political implications of its supposedly apolitical, scientific techniques. A clear, concise policy overview of what budgets mean and how they are used, Public Budgeting discusses both economic theory and the practice of budget politics. It is the only text offering extensive coverage of public budget creation while placing the budgeting process within its political context. Its logical organization and broad yet accessible coverage introduce students of public budgeting and public administration to all key aspects of budgeting while stressing capital budgeting and budgeting techniques.