Public Fund Misallocations examines the pervasive issue of mismanaged government budgets and its widespread effects on economies and societies. This book addresses critical questions surrounding the effectiveness of taxpayer dollar allocation, revealing how budgetary mismanagement stems from structural flaws within governmental systems and political considerations. For example, large-scale infrastructure projects often suffer from significant cost overruns, while essential social programs may be deprived of funds due to skewed investment.
The book adopts a methodical approach, starting with defining key concepts like budgetary transparency and accountability. It then explores political and economic drivers behind misallocations, using diverse case studies to highlight the impact of lobbying, weak regulatory frameworks, and poorly designed policies.
It proposes concrete strategies for enhancing transparency and accountability in government spending. Ultimately, the book offers a comprehensive framework for understanding and addressing public fund misallocation, making it a valuable resource for policymakers and concerned citizens alike.
