Risks and Unintended Consequences of the Reform

Noel Hepworth

Chapter 6 in Public Financial Management and Internal Control, 2024, pp 203-232 from Springer

Abstract: Abstract All reforms carry risks and they may have unintended consequences. This chapter discusses these features of the PFM/IC reform process. It provides some examples of where risks and unintended consequences have occurred. Perhaps the greatest risk and the one most likely to occur is that of a ‘fake’ reform. In the author’s experience this is the one for which there is some evidence because those responsible for implementation tend to be focussed on the bureaucracy associated with the reform, because it provides ‘evidence’ of implementation, but there is no substance. The managerial implications are completely overlooked. The end result is higher costs because of the added bureaucracy but no tangible benefits in terms of improvements in public value. An aim of this guide is to avoid these risks and unintended consequences from occurring.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-3-031-35066-5_6

Ordering information: This item can be ordered from
http://www.springer.com/9783031350665

DOI: 10.1007/978-3-031-35066-5_6

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().