Fiscal (ir)responsibility: privileging PPPs in New Zealand
Accounting, Auditing & Accountability Journal
ISSN: 0951-3574
Article publication date: 1 August 2003
Abstract
This article explains the structures and rules built into the New Zealand government’s financial management system which encourage entry into commitments such as public private partnerships. That the system provides a means of escape from the tight constraints imposed by fiscal targets, and escapes public and parliamentary scrutiny in the process, seems at odds with espoused objectives of fiscal responsibility, debt reduction and transparency. In terms of furthering a privatization agenda, however, it is highly logical.
Keywords
Citation
Newberry, S. and Pallot, J. (2003), "Fiscal (ir)responsibility: privileging PPPs in New Zealand", Accounting, Auditing & Accountability Journal, Vol. 16 No. 3, pp. 467-492. https://doi.org/10.1108/09513570310482318
Publisher
:MCB UP Ltd
Copyright © 2003, MCB UP Limited