The Governance Gauge: Ethics in Fiscal Administration

We hope you enjoy this Wednesday’s Governance Gauge: for more reading material, you can always visit our reading list for more on governance, special economic zones, best practices and studies!

Angela Pool-Funai of Souther Utah University has delivered on a great work outlining the nature of governmental, for-profit and non-profit administrating of company funds. Naturally, the focus is on governmental fiduciary responsibility, and primarily state and local government at that. The book also focuses on quality ethics, as opposed to mere fiduciary responsibility. The book, however, specifies the difference between private and public fiscal management, but the lessons can be extrapolated for zone projects everywhere.

The book is split into 5 parts or 15 chapters, which refer to the roles that government plays, ethics in every sector’s fiscal management, as well as new revenue sources through endowed funds in each sector.

Creators of zones and societies will find chapters 9, 10 and 13 most relevant to the business innovation and fiscal systems design aspect of their zones and enterprises, be they non or for-profit.

Policymakers and analysts can take a look at chapters 2, 3 and 8 which will shed light on the political and budget repercussions of poor fiscal management as well as best practices on the good kind.

Scholars and experts may use chapters 4, 14 and 15 for references on administrative ethics statistics, polling results and similar well-sourced data relevant to fiscal innovation and responsibility.

The book can be found here.