Case Studies / Success Stories

Enormous amounts of public funds flow to India’s state-owned enterprises every year. These institutions deliver critical goods and services such as electricity, water, roads, schools and hospitals; they are a primary source of jobs; they generate significant revenue for the country; they account for one quarter of the nation’s GDP. If these firms aren’t managed properly, precious funds will be wasted. Citizens may not receive services to which...
Improving management of a country’s finances is not a simple matter. Nor is it accomplished through a single intervention that might address one aspect of a complex situation at a fixed moment in time. Things change—even in overwhelmingly rural Bhutan, which is better known for its Gross National Happiness Index and soaring mountaintop villages than for its advances in management of public funds – slowly and steadily towards best practices in...