23rd Annual Student Research Conference
Retrenchment Budgeting in Theory and Practice
Cole E. Rakow
Dr. Candy Young, Faculty Mentor
In light of record deficits and mounting national debt, an understanding of retrenchment or cutback budgeting is of increased utility. This study surveys the literature and practice of retrenchment budgeting during the final two decades of the twentieth century and the beginning of the twenty-first. An investigation of the retrenchment literature is analyzed alongside an overview of legislative action and economic trends during the same period of time to determine if interest in this topic continues once the economy has improved. By qualitative analysis and the application of findings, this study identifies potential hypotheses for future research and conducts an initial analysis of whether patterns of behavior identified primarily in literature from the 1980s have maintained lasting applicability during times of economic concern, including the present.
Keywords: Budgeting, Retrenchment, Cutback, Deficit, Legislature
Topic(s):Political Science
Presentation Type: Oral Paper
Session: 42-4
Location: MG 2090
Time: 2:00