{"title":"The Case of Public Capital Budgeting and Management Processes in the United States","authors":"N. Ermasova, C. Ebdon","doi":"10.4018/978-1-5225-7329-6.CH002","DOIUrl":"https://doi.org/10.4018/978-1-5225-7329-6.CH002","url":null,"abstract":"This chapter provides a case study from the United States regarding public capital budgeting and management on the federal, state, and local levels. The U.S. case of the public investment process (or positive theory for United States public investment) is described and compared with the normative theory outlined in Chapter 1 to understand the deviation between the positive and normative theories. This chapter presents an analysis of four main components of the USA capital budgeting system including (1) long-term public capital planning, (2) annual public budgeting and financing, (3) project execution, and (4) public infrastructure evaluation. In addition, this chapter shows public infrastructure needs and financing issues in the United States.","PeriodicalId":407434,"journal":{"name":"Capital Management and Budgeting in the Public Sector","volume":"90 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133525824","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Vietnam Capital Management and Budgeting Case Study","authors":"L. Nguyen, Meagan M. Jordan, T. Nguyễn","doi":"10.4018/978-1-5225-7329-6.CH013","DOIUrl":"https://doi.org/10.4018/978-1-5225-7329-6.CH013","url":null,"abstract":"Divided into four parts, this chapter examines infrastructure investment in Vietnam through the lens of a normative framework for capital management and budgeting. Part 1 provides an overview of the country's socio-economic, political, and financial background that would affect the capital management processes. Part 2 introduces the status of Vietnam's infrastructure and its challenges. Part 3 is a comprehensive review of current procedures and processes of capital planning, budgeting, implementation, and maintenance being practiced in Vietnam. The authors then compare and contrast Vietnam's practices with the recommended provisions of the normative framework. Part 4 reviews the probable consequences associated with infrastructure inefficiency, which are implied by Vietnam's inconsistent practices with the framework. This chapter culminates with conclusions and recommendations for capital management and budgeting that are more specific to a developing country like Vietnam.","PeriodicalId":407434,"journal":{"name":"Capital Management and Budgeting in the Public Sector","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133868151","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}