Professor David Heald

Research Themes

 
  • David Heald has a longstanding research interest in public expenditure policy and mechanisms, going back to his 1983 book Public Expenditure: Its Defence and Reform (Oxford, Blackwell). He has published many articles on public expenditure planning, government accounting, Private Finance Initiative (Public-Private Partnerships is the international terminology) and fiscal transparency. Two book chapters were published in 2013, one on public expenditure priorities and one on strengthening fiscal transparency internationally. Together with Christopher Hood (Oxford) and Rozana Himaz (now University College London), David Heald was the co-organiser of a British Academy conference on 'fiscal squeeze', held on 9-10 July 2013 at the British Academy. The edited book, consisting of three analytical chapters and nine historical country case studies by national experts, was published in October 2014 as When the Party's Over: The Politics of Fiscal Squeeze in Perspective (Proceedings of the British Academy 197, Oxford University Press).
  • Together with Ron Hodges (Birmingham Business School), David Heald is continuing to work on public sector accounting reform. They have published an analysis of the EPSAS project, European Public Sector Accounting Standards being an ambitious EU-wide harmonisation project led by Eurostat on behalf of the European Commission. They have also published on accounting for government guarantees, which they interpret as an alternative off-balance sheet mechanism to Public-Private Partnerships, on which both have written separately. They have published in 2024 an analysis of the failure of UK accounting and fiscal governance. Together with Lynn Bradley (University of Glasgow) they published in 2023 an article examining what is shown about the fiscal sustainability of UK public finances by a decade of Whole of Government Accounts. A related strand of work with Lynn Bradley and Ron Hodges is on the local audit crisis in England, on which they published an article in 2023.