Defining spending reviews: a proposal for a taxonomy, with applications to Italy and the UK

Abstract

After the 2008 global financial crisis, many governments introduced spending reviews (SRs). The paper provides a valuable definition of the concept of the SR by proposing a taxonomy of the main organizational and methodological aspects involved in the SR process. The paper identifies two different SR models, which feature alternative approaches to cutting back spending. The authors highlight some important considerations when looking to make sustainable and sensible cuts in spending.

Keywords:

• Budgeting
• cutback management
• organizational decline
• public sector reform
• spending review