Government Financial Performance Benchmarking and the Citizens’ Wealth Framework – Why Care?
- Why JI-Analytics?
- World’s best: JI-Analytics is the world’s best government financial performance benchmarking firm.
- High value-add analytics: JI-Analytics creates the world’s best high value-add financial performance analytics on sovereign and regional governments for both single government historical benchmarking and peer government benchmarking.
- US$250 million investment: Since 2012, JI-Analytics has invested in the Citizens’ Wealth Framework (CWF) intellectual property over US$250 million, with the work of approximately 300 of the smartest experts across twenty-one (21) professional sectors and built on continuously updated analytics of decades of information from eleven (11) informational silos to discover previously hidden intelligence.
- Why understanding the Government Total Balance Sheet and the CWF 12 KPIs is essential?
- GTBS & GTNW: The Government Total Balance Sheet (GTBS) can provide unparalleled insights into a government’s financial position at a point in time and its financial performance change over time, and Government Total Net Worth (GTNW) provides the result of decisions from a financial perspective.
- Consequences: Government financial decisions directly affect the probability and consequences of debt, currency, and financial crises, which have a disproportionally large impact on society’s most financially vulnerable.
- Improving: To improve financial security and financial prosperity, decision-makers should understand both the GTBS and the CWF 12 KPs financial track record, financial performance versus peers and benchmarks, and short-term financial projections.
- Why is the CW framework and its 12 KPIs a better framework?
- CWF: The Citizens’ Wealth Framework (CWF) is both “a quantum leap in government financial performance management” and “the greatest advance in sovereign risk analysis”.
- Comparison: The Citizens’ Wealth Framework includes the Government Total Balance Sheet (GTBS) and represents a quantifiable improvement over financial debt and cash deficit framework, and especially the focus on a single debt number that is only one of four parts of the GTBS.
- Systemic Misconceptions: Identifies and corrects systemic misconceptions, and reveals previously hidden insights, resulting in improved government financial performance.
- Incorrect numbers: JI-Analytics has discovered that it is not uncommon for numbers from widely used official sources to incorrectly overstate or understate GTBS numbers by 50+ percentage points of GDP.
See Citizens’ Wealth Framework 2024 on JI-Analytics website with seven sections: Section A. Terminology Definitions; Section B. Terminology Rationale; Section C. 12 KPIs Definitions; Section D. Sources and Methodology; Section E. Citizens’ Wealth Additional Information; Section F. KPIs Formula Examples – United States Federal Government; Section G. Select Citizens’ Wealth KPIs: Basic Math Examples (2001-2021) (www.jianalytics.com/citizens-wealth-framework-2024/).
To increase the social impact of our analytics, JI-Analytics also offers a select number of abridged versions HVAs to the public at a very small fraction of their cost. See https://store.jianalytics.com
The Founder and Managing Director of JI-Analytics is Paul B. Kazarian, who is also the Founder and Managing Partner of Japonica Partners and the Founder and President of the Charles & Agnes Kazarian Foundation.
