PFM Board

Medium Term Expenditure Framework => Public expenditure management => Topic started by: petagny on July 09, 2014, 08:57:03 GMT

Title: Useful paper on definitions of efficiency and effectiveness
Post by: petagny on July 09, 2014, 08:57:03 GMT

The attached paper by the Australian Productivity Commission is a good discussion of efficiency and effectiveness.

Title: Re: Useful paper on definitions of efficiency and effectiveness
Post by: STONE on August 15, 2014, 07:31:27 GMT

Useful indeed to see a paper that provides some thought out definitions of terms that are bandied about loosely.  I came across the UK's Independent Commission for Aid Impact talking about "value for money and effectiveness" - surprised me as I had thought effectiveness was a component of VFM.

Title: Re: Useful paper on definitions of efficiency and effectiveness
Post by: Napodano on August 15, 2014, 07:55:22 GMT

For the one interested in the paper which Stone mentioned,

attached: ICAI's Approach to Effectiveness and VFM