Inflation, Geo-Economic Fragmentation, and Transforming Green Public Financial Administration
Year: 2026
Type: book-chapter
Abstract: The contemporary global economy is shaped by geo-economic fragmentation, geopolitical conflict, and systemic shocks, intensifying inflationary pressures across advanced and emerging economies and altering conditions for public financial administration. Inflation has become a chronic structural feature that constrains fiscal capacity, reshapes distributive outcomes, and challenges long-term public investment. This chapter argues that inflation is a governance challenge embedded in public financial administration, not merely a monetary phenomenon. Drawing on macroeconomics, welfare economics, and public finance, it examines how inflation interacts with fiscal governance, social equity, and sustainability-oriented public finance under geo-economic instability. Using Green Public Financial Management (GPFM), it proposes an approach aligning macroeconomic stabilization, distributive justice, and climate-resilient development, emphasizing adaptive fiscal governance, progressive policies, and institutional innovation to reconcile inflation control with green investment and inclusive growth.
Source: IGI Global eBooks
Language: Ndonga
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7203830813