Reinventing Government in New Zealand : How Core Government Functions Benefited from Market-Type Measurement

In the early 1990s, the New Zealand government started publishing a balance sheet and operating statement, using private sector accounting and reporting. These reports --the first such sovereign accounts anywhere-- typify reforms instituted across government trading operating, departments, and other public entities to improve performance and accountability. This note reviews the more recent reforms arising from the accounts, highlighting some of the underlying ideas that may have applications in other countries.

Bibliographic Details

Main Authors:	Dale, Tony, Ball, Ian
Format:	Viewpoint biblioteca
Language:	English
Published:	World Bank, Washington, DC 1996-08
Subjects:	GOVERNMENT ACCOUNTING, FINANCIAL STATEMENTS, PERFORMANCE APPRAISAL, BUDGETING METHODS, ACCOUNTING SYSTEMS, CAPITAL COSTS, FINANCIAL MANAGEMENT ACCOUNTING, ACCOUNTING POLICIES, ACCRUAL ACCOUNTING, AUDITS, AUTHORITY, AUTONOMY, BALANCE SHEET, BORROWING, CAPITAL MARKETS, CASH ACCOUNTING, CASH FLOWS, CASH MANAGEMENT, COST OF CAPITAL, DEBT, DEFICITS, DEPOSITS, FINANCIAL AUDITS, FINANCIAL MANAGEMENT, FINANCIAL RESULTS, FISCAL, FISCAL DEFICITS, FOREIGN EXCHANGE, GAAP, GOVERNMENT DEBT, GOVERNMENT DEPARTMENTS, GOVERNMENT LEVEL, GOVERNMENT SECTOR, GOVERNMENT SPENDING, INSOLVENT, INTANGIBLE ASSETS, INTEREST COSTS, LEVIES, MARKETABLE SECURITIES, MINISTERS, NET ASSETS, OPERATING COSTS, OPERATING EXPENSES, OPERATING SURPLUS, PENALTIES, PRESIDENCY, PRIVATE SECTOR, PROVISIONS, PUBLIC DEBT, PUBLIC SECTOR, PUBLIC SERVICE, RETURN ON EQUITY, SAVINGS, SOCIAL SECURITY, SOCIAL SERVICES, SOCIAL WELFARE, TAX, TAX RATES, TRANSPARENCY,
Online Access:	http://documents.worldbank.org/curated/en/1996/08/441456/reinventing-government-new-zealand-core-government-functions-benefited-market-type-measurement http://hdl.handle.net/10986/11614
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