Financial management in the Scottish Executive proposals for further refinement

Jo Armstrong; Brian Ashcroft

Financial management in the Scottish Executive proposals for further refinement

Jo Armstrong, Brian Ashcroft

Economics

Research output: Contribution to journal › Article

48 Downloads (Pure)

Abstract

At face value these recent press headlines are a cause for concern. The alleged £400 million under funding amounts to 1.9% of the Executive’s total discretionary spend and, if accurate, would indicate yet more pressure on Scotland’s already tight finances. However, the drive for efficiency savings announced in 2004 is testament to the Executive’s desire to free up scarce resources and get better value for money for every pound spent in the public sector. What then do we make of the potential for added pressures implied by these two headlines?

Original language	English
Pages (from-to)	5-11
Number of pages	7
Journal	Quarterly Economic Commentary
Volume	30
Issue number	1
Publication status	Published - Jun 2005

Keywords

Fraser of Allander Institute
Scottish Executive
financial management
Scottish economy

Access to Document

FEC_30_1_2005_ArmstrongJFinal published version, 319 KBLicence: Unspecified

Cite this

@article{6ad1bebed4e943429ee9109343a2a7fb,

title = "Financial management in the Scottish Executive proposals for further refinement",

abstract = "At face value these recent press headlines are a cause for concern. The alleged £400 million under funding amounts to 1.9% of the Executive{\textquoteright}s total discretionary spend and, if accurate, would indicate yet more pressure on Scotland{\textquoteright}s already tight finances. However, the drive for efficiency savings announced in 2004 is testament to the Executive{\textquoteright}s desire to free up scarce resources and get better value for money for every pound spent in the public sector. What then do we make of the potential for added pressures implied by these two headlines?",

keywords = "Fraser of Allander Institute, Scottish Executive, financial management, Scottish economy",

author = "Jo Armstrong and Brian Ashcroft",

year = "2005",

month = jun,

language = "English",

volume = "30",

pages = "5--11",

journal = "Quarterly Economic Commentary",

issn = "0306-7866",

publisher = "University of Strathclyde",

number = "1",

}

TY - JOUR

T1 - Financial management in the Scottish Executive proposals for further refinement

AU - Armstrong, Jo

AU - Ashcroft, Brian

PY - 2005/6

Y1 - 2005/6

N2 - At face value these recent press headlines are a cause for concern. The alleged £400 million under funding amounts to 1.9% of the Executive’s total discretionary spend and, if accurate, would indicate yet more pressure on Scotland’s already tight finances. However, the drive for efficiency savings announced in 2004 is testament to the Executive’s desire to free up scarce resources and get better value for money for every pound spent in the public sector. What then do we make of the potential for added pressures implied by these two headlines?

AB - At face value these recent press headlines are a cause for concern. The alleged £400 million under funding amounts to 1.9% of the Executive’s total discretionary spend and, if accurate, would indicate yet more pressure on Scotland’s already tight finances. However, the drive for efficiency savings announced in 2004 is testament to the Executive’s desire to free up scarce resources and get better value for money for every pound spent in the public sector. What then do we make of the potential for added pressures implied by these two headlines?

KW - Fraser of Allander Institute

KW - Scottish Executive

KW - financial management

KW - Scottish economy

UR - http://www.strath.ac.uk/fraser/

UR - http://www.strath.ac.uk/frasercommentary/

M3 - Article

SN - 0306-7866

VL - 30

SP - 5

EP - 11

JO - Quarterly Economic Commentary

JF - Quarterly Economic Commentary

IS - 1

ER -

Financial management in the Scottish Executive proposals for further refinement

Abstract

Keywords

Access to Document

Other files and links

Fingerprint

Cite this