Managing Risk

Lucie Rouillard

Public Management Review, 2004, vol. 6, issue 1, 95-111

Abstract: Risk management, a tool traditionally used by government in financial management, could well become an integrated approach to public decision making. The study of three public agencies of the Government of Quebec suggests that a risk management approach can be used to stabilize and reduce public expenditures, and to coordinate economic development in an uncertain world. Results show that these public agencies have responded to financial pressures by transferring part of their financial risk to other participants in the system, by associating directly the main stakeholders to program delivery and by establishing a correct assessment of the net benefits of risk taking.

Date: 2004
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/14719030410001675759 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:pubmgr:v:6:y:2004:i:1:p:95-111

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RPXM20

DOI: 10.1080/14719030410001675759

Access Statistics for this article

Public Management Review is currently edited by Professor Stephen P. Osborne, Jenny Harrow and Tobias Jung

More articles in Public Management Review from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().