Ethics in Public Finance

Transparency in public finance is a constant preoccupation of modern administrations and citizenries, as the publicity of public expenditure and borrowing, the uniformisation of national accounts, citizen participation in government decisionmaking, and the introduction of various forms of control of government activity have become the rule rather than the exception in all geographies. In order to respond to mounting demands from the public, key civil servants are required to obtain not only professional qualifications (like university degrees in accounting, law and public administration) but also specific certifications (internal auditing, administrative law, criminal law) and abide by ad hoc codes of conduct. This multiplies the legal and ethical responsibilities of governments and civil servants as well as the implementation of appropriate policy responses.