The huge increase of public debt due to the financial and economic crisis, as well as the tightening of fiscal rules in several countries, necessitates severe cuts in public spending. Meeting this deficit challenge and managing for cuts in the ongoing expenditure will be high on the agenda for many years to come in most OECD countries.
This is a huge challenge confronting public officials on the political level, as well as within public administrations or non-profit organisations. It has increased the responsibilities of a much larger group of officials, who must simultaneously manage not only their programmes but also their budgets. It is also their task to cut running programmes in order to be able to get to new areas of urgent additional public expenditure.
This seminar focuses on adequate approaches of how to manage this multi-year retrenchment. It has an international focus and critically analyses past practices of continuing proportional cuts, as well as new approaches. The course also deals with the controversy surrounding the negative effects of austerity on economic growth and employment in several of the Euro countries and discusses the contradictions that public policymakers are confronted with.
Not offered in 2018/19. This course can be customised for organisational clients. Learn more.