Principles of Public Finance

This book describes official statistics as a tool to hold up a mirror to society – but also as an instrument for those who can manipulate this mirror. It addresses the precarious interaction of politics, official statistics, and ethical principles. Three sets of themes can be derived from this relationship, which are the focus of this book: Political systems and guiding principles, official statistics as a science of the state, and ethical issues arising from them. Ultimately, the determining factor is the political system that exists in each case.

Putting Your Money Where Your Mouth Is: All the finance fundamentals you need to start better managing your business

This book explores public budgeting in India. As government finances play an important role in the social and economic development of a nation, it focuses on public budgeting in the context of India. The respective chapters not only discuss the underlying principles of budgeting, but also address the practical issues related to the government’s financial operations and their macro-economic implications. Recently there has been considerable debate surrounding the size of government, with the neo-liberal framework advocating a very limited governmental role.

This open access book systematically applies the philosophy of the Golden Mean to interpret the public budgeting process, policies, and reforms in contemporary China, within the framework of Commentary on The Doctrine of the Mean by Zhu Xi, a Neo-Confucian scholar of the Song Dynasty. By constructing a classic perspective for understanding public budgeting in China, the book offers insights that are both innovative and grounded in traditional philosophy. With the rich experience in research and execution in public budgeting, the author provides Western readers with an easy access to understanding the Chinese perspective on budgeting, the budgeting process in China, and its underlying logic.

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