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FISCAL RESPONSIBILITY (2) answer(s).
 
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ID:   118311


2012 Defense strategy review & FY 2013 defense budget request: strategy & fiscal constraints / Cook, James L   Journal Article
Cook, James L Journal Article
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Publication 2013.
Summary/Abstract Regardless of whether one is a supporter or a critic, some additional analysis regarding the formulation of the new defense strategic guidance is useful to better understand the rationale for changing defense priorities, the magnitude and impact of these changes within the Department of Defense (DOD), and the review process itself. Specifically, three questions warrant further examination: 1) Why was a DoD-level defense strategy review necessary, given the 2010 Quadrennial Review? 2) What are the implications of this new strategic guidance for the DoD? 3) What are the strategic risks? These questions are addressed by assessing the defense strategic guidance through the lens of strategy and its components: ends, ways, means and risk. The United States of America is the greatest force for freedom and security that the world has ever known. And in no small measure, that's because we've built the best-trained, best-led, best-equipped military in history - and as Commander-in-Chief, I'm going to keep it that way.
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2
ID:   130584


Searching for fiscal responsibility: a critical review of the budget reform in China / Wu, Alfred M   Journal Article
Wu, Alfred M Journal Article
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Publication 2014.
Summary/Abstract The 2008-2009 global financial crisis has made budget management and fiscal responsibility more imperative in many developed economies. A budget crisis has not occurred in emerging economies such as China. However, in China, the demands of fiscal responsibility have increased against the backdrop of bulging government revenues in recent years. Over the past decade, the Chinese government has started to promote self-constrained bureaucracy and strengthen its fiscal responsibility and accountability in budget formulation and implementation. The 1999 budget reform that aimed to improve fiscal responsibility was hailed a success by previous literature. Drawing on field research in five counties in China between 2008 and 2010, it is argued that though some achievements have been made, the budget reform has not substantially improved both accountability and transparency within the bureaucracy. The implication of this study is that top-down, supply-side reforms led by the state may not be effective.
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