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Global Benchmarks in Public Financial Management (PFM) Executive Education

Rapid Response Memo - Apr 2019 (#00390)
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This report identifies successful executive education programs in different developed economies, focusing on leadership issues to improve PFM. Improving the effectiveness of a PFM system may generate widespread and long-lasting benefits. Public finance leaders’ strategic thinking and analytical skills need to improve continuously to support shifts towards stronger states, reduced poverty, and balanced growth. PFM executive education capably bridges the gap between theory and practice, by bringing the research and expertise of public policy schools to government managers and executives. Executive education programs generate an impartial and objective perspective, recommendations for how public agencies or organizations should operate, and justification of why certain approaches will work in some environments and not in others.