Paul Posner argues in "The Persistence of Reform" that allocation of limited resources is the most important decision that political leaders have to make every year.
I would add that besides the allocation of resources, it is necessary that public officials be able to design roadmaps and monitoring systems to ensure that public money has been used efficiently and appropriately by state agencies to reach desired social outputs and outcomes.
Resource is useless if one does not know how to utilize it accordingly.
http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6210.2008.01966.x/abstract
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