ABSTRACT
This chapter contends that transformative growth requires reform in budgeting and fiscal management, one anchored in and by fiscal sustainability. It proceeds by synthesizing country case studies, as well as the literature on sustainable development and public management with the goal of raising the salience of fiscal sustainability. The chapter lays out the context of public budgeting by summarizing conditions in, and challenges of Africa. It examines and critiques current budgeting approaches as a way of laying bare the basis for harnessing, allocating, and utilizing resources for development purposes. The chapter presents the building blocks for considering sustainable budgeting and fiscal management that advance the interest of development management. Afrocentric scholars have taken advantage of the collapse of modernization theory to recover the battered image of African culture and to advance the argument that no effective economic development policy can be divorced from its cultural milieu. The chapter concludes by analyzing the feasibility of sustainability budgeting and assessing Africa's preparedness.
