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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Local Budget as a Complex System

The Local Budget as a Complex System

Chapman, Jeffrey

Hardcover

Series: Palgrave Studies in Public Debt, Spending, and Revenue

Investing & FinanceGeneral LawGeneral Political Science

ISBN10: 3030949028
ISBN13: 9783030949020
Publisher: Palgrave Macmillan
Published: Jul 22 2022
Pages: 114
Weight: 0.67
Height: 0.38 Width: 5.83 Depth: 8.27
Language: English

This book examines budgeting by analyzing the local government budget as a complex system, thus adding a new dimension to traditional budget textbooks. It is designed to complement existing texts--not replace--by putting the budget in a complex system, general equilibrium framework. A complex systems framework adds to conventional budget analysis in at least four ways: It looks at the budget as the result of many variables that are outside the finance department's purview; it understands that there are multiple interdependences among these variables; it suggests analysis of non-obvious relationships among actions in the budget process in order to optimize results; and it argues that the actors in the process must understand that their budgetary behaviors have indirect and far-reaching implications that go beyond the budget document.

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