A constructive critique of the treasury’s country and regional analysis of public expenditure

Cuthbert, Jim and Cuthbert, Margaret (2005) A constructive critique of the treasury’s country and regional analysis of public expenditure. Quarterly Economic Commentary, 30 (3). pp. 47-55. ISSN 0306-7866

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    Abstract

    The accurate measurement and control of public expenditure is fundamental to successful government: it is essential at each of the stages of policy development, implementation, and monitoring. This paper is concerned with issues in the measurement of public expenditure in the post-devolution United Kingdom: in particular, we provide a constructive critique of the expenditure data currently published by the Treasury. Our study is based on two regular exercises carried out by the Treasury: a. the publication of the annual Public Expenditure Statistical Analyses (PESA), b. the publication of the biennial Treasury Funding Statement for the Devolved Administrations (TFS).