Theory to PracticeAuthor(s): Robert KramerSource: Public Administration Review, Vol. 67, No. 5 (Sep. - Oct., 2007), p. 824Published by: Wiley on behalf of the American Society for Public AdministrationStable URL: http://www.jstor.org/stable/4624636 .

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Theory to Practice

Robert F. Durant, Editor

Robert Kramer, Associate Editor

Theory to Practice

A perennial governance challenge facing practitioners worldwide involves finding the financial wherewithal to deal with old, new, and emerging public policy problems. Endemic to this challenge is anticipating and stewarding the revenue flows that administrators need to address these societal problems amid economic

volatility. Professors Fred Thompson and Bruce Gates initiate this issue's exchange among practitioners and academics by arguing that the tools associated with recent developments in financial theory not only can

profitably inform this enduringfiscal challenge, but also should be in the toolkits of budgeters at all levels

ofgovernment.

Steeped in theory focused on improving state financial forecasting but applicable more broadly and illustrated in

greater mathematical depth andprecision in the e-version

of this article on the Theory to Practice Web site, their argu- ments are also engaged there by four eminent commenta- tors: Roy T Meyers, University ofMaryland, Baltimore

County; Kurt Thurmaier, Northern Illinois University; Katherine G. Willoughby, Georgia State University; and Don Boyd, Rockefeller College ofPublic Affairs and Policy University ofAlbany-SUNY These commentaries are

accompanied by the authors' response and instructions for joining the exchange. Go to http://www.aspanet.org click on the link to PAR, and then on the Theory to Practice link.

Coming up in the November-December Issue of PAR ...

Academic-Practitioner Exchange: A Forward-Looking County Research Agenda

Administrative Case: Municipal Government and Wireless Internet Access

Special Symposium on the Legacy of the 1937 Brownlow Report

International Innovations: The Whole-of-Government Approach to Reform

Interview: Governmental Reorganization in Iraq

Book Reviews

824 Public Administration Review * SeptemberI October 2007

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