Journal of Public Budgeting, Accounting & Financial Management: Volume 36 Issue 2

A review of GASB No. 34

Joyce Njoroge, Lori Solsma, Kent Hu

This paper documents the Government Accounting Standards Board (GASB) 34 literature, primarily in the areas of (1) accountability and improved reporting, (2) government-wide…

Financially supported nonprofits and IRS Form 990 expense reporting

Arthur Allen, Laurie Corradino, Brian McAllister

The authors examine whether limitations in Form 990 result in zero or understated fundraising and administrative expenses for organizations supported by related organizations…

Gender-responsive budgeting implementation challenges: evidence from South Korea

Juan Pablo Martínez Guzmán

The purpose of this research is to further the understanding of how to implement gender-responsive budgeting (GRB) systems. The author explores whether GRB reforms might benefit…

Editorial: Debts, deficits, and inflation: prescriptions for the future

Ringa Raudla, James Douglas

Rules or capacity for the EU’s fiscal future? From Werner and McDougall to the present

Christakis Georgiou

The COVID19 crisis has thrown wide open the debate on Europe’s Economic and Monetary Union’s (EMU) future. Next Generation EU (NGEU) has broken the stalemate over a central fiscal…

Do balanced budget practices of U.S. states make sense? Alternatives from the Eurozone

James W. Douglas, Ringa Raudla

The purpose of this article is to challenge the balanced budget practices of U.S. state governments and offer alternatives that may lead to better fiscal, economic and policy…

The impact of inflation on local government fiscal health

Christine R. Martell

Inflation and federal monetary efforts to control it with interest rate hikes have very real and overwhelmingly negative consequences on US local governments following the onset…

Raising interest rates was the wrong medicine

Yeva Nersisyan, L. Randall Wray

In this paper, the authors examine the causes of 2021–2023 inflation and evaluate whether raising interest rates is the right solution.