Draft:Public Net Worth
Submission declined on 1 July 2024 by Johannes Maximilian (talk).
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| Submission declined on 8 April 2024 by Asilvering (talk). This submission's references do not show that the subject qualifies for a Wikipedia article—that is, they do not show significant coverage (not just passing mentions) about the subject in published, reliable, secondary sources that are independent of the subject (see the guidelines on the notability of books). Before any resubmission, additional references meeting these criteria should be added (see technical help and learn about mistakes to avoid when addressing this issue). If no additional references exist, the subject is not suitable for Wikipedia. Declined by Asilvering 7 months ago. | |
| Authors | Ian Ball, Willem Buiter, John Crompton, Dag Detter and Jacob Soll |
|---|---|
| Language | English |
| Subject | Public Finance, Public Policy |
| Genre | Nonfiction |
| Publisher | Palgrave MacMillan |
Publication date | February, 2024 |
| Publication place | United Kingdom |
| Media type | Hardcover, Amazon Kindle |
| Pages | 343 |
Public Net Worth: Accounting, Government and Democracy (Palgrave, 2024)[1] is a non-fiction book, co-authored by Ian Ball, Willem Buiter, John Crompton, Dag Detter and Jacob Soll.
It covers in depth the subject of Public (Sector) Net Worth.
The book has won critical acclaim from several international economists.[2][3][4]
It was selected by Martin Wolf as one of Financial Times "Best summer books of 2024: Economics".[5]
Overview
[edit]The book explains how accrual accounting works, and how it can be applied to government financial management, using the example of New Zealand, which has successfully managed its finances on this basis for over two decades.
It also draws extensively on IMF working papers comparing the public sector balance sheets of a broad group of economies, and projecting the path that the balance sheets of the systemically-important (and demographically-challenged) G7 countries will take over the next two generations.
For less-developed and emerging market economies, the key message is that the sooner they adopt a net worth– and balance sheet–focused approach to public financial management, the less likely they are to repeat some of the mistakes of more developed economies.
References
[edit]- ^ Ball, Ian; Buiter, Willem; Crompton, John; Detter, Dag; Soll, Jacob (2024). Public Net Worth. doi:10.1007/978-3-031-44343-5. ISBN 978-3-031-44342-8 – via link.springer.com.
- ^ "Controlling debt is just a means — it is not a government's end". www.ft.com.
- ^ "Five Tips to Maximize the Impact of Assets and Liabilities on Public Financial Management". World Bank Blogs.
- ^ "Public net worth – the measure of financial strength and success". The Business Times. 7 October 2023.
- ^ Best summer books of 2024: Economics
External links
[edit]
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- reliable
- secondary
- independent of the subject
Make sure you add references that meet these criteria before resubmitting. Learn about mistakes to avoid when addressing this issue. If no additional references exist, the subject is not suitable for Wikipedia.