Tighter fiscal positions in economies around the world present a challenge for governments, but also an opportunity to rethink public finance. Mark MacDonald, global public finance management leader at EY, and Udaibir Das, visiting professor at the National Council of Applied Economic Research, join Andrea Correa, OMFIF senior economist, to discuss the shift from viewing public spending as mere expenditure to a long-term investment. We unpack what this change in mindset means, how it fits into today’s political and economic context and what it takes to build a more sustainable and trusted approach to public value.
The conversation is part of OMFIF’s workstream on The future of public money project.
