Focus: Red ink risingThe road to fiscal sustainability |
The numbers are overwhelming. Nations, states, and cities across the globe are facing an existential threat in the form of a massive fiscal imbalance between expected revenues and promised expenditures. The underlying threat is something called “The Gap,” consisting of a fiscal imbalance and a performance gap between the way government currently operates and the realities of the new economy. Closing The Gap will take more than simply cutting programs or creating new policies, it will require fundamentally different thinking.
Explore our latest thought leadership and resources on dealing with The Gap below.
Featured content
 |
Red ink rising This Deloitte Research report explores the fiscal challenges posed by the current economic landscape and provides a framework for governments to address these issues in order to navigate a successful journey. Listen to a podcast discussion with Bill Eggers, Global Director, Deloitte Research - Public Sector, and Joel Bellman, Director, Deloitte Consulting, UK, on how to overcome the obstacles of implementing successful cost reduction initiatives. |
Related content
 |
In the hot seat This Deloitte UK report explores successful methods for reducing costs in public sector organizations. |
 |
Reform of the Irish public sector Harry Goddard, Deloitte Ireland's partner in charge of public sector services, details five key characteristics of efficient government and outlines important considerations for reform. |
 |
Public sector reform: How a public sector reform program in Minnesota can provide lessons for Ireland Steve Dahl, Midwest region leader for Deloitte Consulting LLP’s Public Sector practice, shares his experience developing a major transformation program for Minnesota that saved the state $350 million per annum in its first wave. |
 |
New Zeland 2012 budget - Deloitte's perspective What's in the mix for New Zealand's economy based on the government's new budget? Deloitte member firm professionals analyze the impact of some of the major changes (or lack thereof) on the New Zealand business sector. |
 |
Cost reduction strategies for state governments U.S. state governments' response to budget deficits so far has often involved painful choices such as slashing programs and headcount, but it is still not likely to be enough. What other options do state governments have to eliminate budget deficits and ensure long-term sustainability of government finances? |
Additional links
Counting the cost
Using cost reduction to drive sustainable government.
Shared service delivery in local government
Stop, start, save.
Change the name on the door
Reducing the risk of transition.
Calling time on quangos
Addressing the challenge of extensive delivery chains.
Lean and fit
Improving frontline service in an age of austerity.
