Marc Robinson Blog

Non-Performing Performance Indicators

- July 19, 2021July 20, 2021 - Marc Robinson 6 Comments

It is shocking that, in quite a few countries which embarked on performance budgeting reforms years ago, performance indicators remain awful. Performance indicators are, after all, a basic building block of any performance budgeting system.…

three bicycles parked in front of building

Government Expenditure / Health Care

Population Aging and Public Expenditure: Lessons from Japan

- June 25, 2021June 25, 2021 - Marc Robinson comment

I’ve commented previously on the widespread tendency to exaggerate the impact of population ageing on public expenditure. Sure, it is an important source of upward spending pressure, particularly on long-term care and pensions. However, by…

Fiscal policy

Debt, not Net Worth, is what matters

- May 17, 2021June 7, 2021 - Marc Robinson comment

With government debt levels now at exceptionally high levels, many economists and policymakers are reflecting deeply on the challenge of how debt can be reduced to fiscally sustainable levels over the longer term. A few…

PFM

Strengthening New Spending Decision-Making

- May 4, 2021May 5, 2021 - Marc Robinson comment

Disciplined decision-making about new spending is crucial to good budgeting. Yet it is something which is absent, or weak, in many countries. This is particularly true in developing countries, but is by no means confined…

Fiscal policy / PFM

Spending Review is Back

- April 19, 2021April 10, 2021 - Marc Robinson comment

Governments will in the coming years need spending review more than ever before. Given the big surge in new spending which is currently underway, this might seem a strange statement. Spending review is, after all,…

PFM

Accrual Budgeting: Think Carefully Before Jumping

- April 2, 2021April 2, 2021 - Marc Robinson 2 Comments

[Warning: this is a technical blogpiece for public financial management specialists] Is moving to a accrual budgeting a good idea? This is a question I am asked from time to time. It is a controversial…

Government Expenditure

“Bigger Government” in FT’s Best Economics Books of…

- November 23, 2020November 23, 2020 - Marc Robinson comment

The Financial Times has listed "Bigger Government" as one of the best economics books of 2020. The FT's chief economics commentator, Martin Wolf, writes that the book is "quantitative, meticulous and sobering". Read the review…

Fiscal policy / Government Expenditure / Health Care

Bigger Government: Interview on ABC Radio National

- November 1, 2020November 1, 2020 - Marc Robinson comment

My interview on Australian ABC Radio National's program "The Money" (Oct 29) on Bigger Government is now available on YouTube.

Health Care

Health Care: What’s at Stake in the Presidential…

- October 27, 2020October 27, 2020 - Marc Robinson comment

Of all of the issues facing Americans in next Tuesday’s presidential election, healthcare is one of the biggest. Healthcare is a huge financial burden on Americans. The bad news is that the burden is set…

Fiscal policy / Government Expenditure

The Future US Debt Crisis

- October 25, 2020October 27, 2020 - Marc Robinson 1 Comment

Faced with the pandemic, big deficits and increased debt are not only inevitable, but desirable – on a strictly temporary basis. This is something on which nearly all economists agree. But this does not mean…