Accountability and Transparency in the Public Sector: The New Zealand Experience

M. Cangiano

No 1996/122, IMF Working Papers from International Monetary Fund

Abstract: This paper describes the reforms introduced in the New Zealand public sector since the mid-1980s. The reforms included corporatization and privatization of most state-owned enterprises, the shift from a cash-basis to an accrual-basis accounting system and the compilation of a balance sheet for the central government and its entities, performance-based arrangements for the delivery of core government outputs; and institutional changes in expenditure control mechanisms. The paper also summarizes the impact of the reforms on government revenue and spending patterns, and discusses lessons learned from New Zealand’s experience.

Keywords: WP; government; country; asset sale; enterprise; State Service condition; New Zealand government; capital base; cash flows; government accounts system; government's power; government members of parliament; government activity; conditions of Employment Act; operating expenses; government policy; governments of the State of New South Wales; Financial statements; Public sector; Budget planning and preparation; Fiscal accounting and reporting; Eastern Europe (search for similar items in EconPapers)
Pages: 30
Date: 1996-11-01
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=2016 (application/pdf)

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:imf:imfwpa:1996/122

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().