Public Expenditure Reform Under Adjustment Lending
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Public Expenditure Reform Under Adjustment Lending
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Author : Jeff Huther
language : en
Publisher: World Bank Publications
Release Date : 1997
Public Expenditure Reform Under Adjustment Lending written by Jeff Huther and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Political Science categories.
This paper argues that the World Bank should follow a systemic approach to developing guidance on public expenditure reform. Suggested approaches are to: determine an appropriate role for government and its various agents and specify their partnership with the civil society and the private sector; clarify the goals of reform and specify performance monitoring and evaluation indicators; target unproductive and inequitable expenditures from elimination; emphasize poverty alleviation; and promote equity and adopt general guidelines on policy environment goals for external assistance.
Public Expenditure Reform In Developing Countries
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Author : Jeff Huther
language : en
Publisher:
Release Date : 1996
Public Expenditure Reform In Developing Countries written by Jeff Huther and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Economic assistance categories.
Fiscal Management In Adjustment Lending
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Author : Jayati Datta Mitra
language : en
Publisher: World Bank Publications
Release Date : 1997-01-01
Fiscal Management In Adjustment Lending written by Jayati Datta Mitra and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-01-01 with Business & Economics categories.
This study analyzes the World Bank's experience with fiscal management in 250 adjustment operations in 86 countries. It examines the fiscal records in a sample of 26 countries grouped by region, portfolio characteristics, and economic traits. The study confirms that fiscal deficit reduction is associated with improved external balances and economic growth and that it takes sustained, long-term effort, and continual vigilance against reversals. Fiscal mismanagement, not exogenous shocks, was the principal cause of persistent budget deficits. The study offers the following recommendations for the Bank and its borrowers:1) Estimate the level of the sustainable deficit and provide guidelines for achieving it in Bank economic and sector work and adjustment lending. 2) Improve sequencing of tax reform. 3) Consider explicitly the role of the state and the appropriate mix of public/private provision of services in recommending public expenditure reform. 4) Include poverty alleviation and equity objectives in public expenditure reform. 5) Build adequate monitoring and performance indicators for both tax and expenditure reforms. 6) Enhance Bank-Fund coordination, in support of the Fund's lead role in giving fiscal advice, by strengthening the Bank's ability to analyze taxes and expenditures.
Public Finance In Adjustment Programs
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Author : Ajay Chhibber
language : en
Publisher: World Bank Publications
Release Date : 1988
Public Finance In Adjustment Programs written by Ajay Chhibber and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Ajuste economico categories.
Public Sector Management Issues In Structural Adjustment Lending
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Author : Barbara Nunberg
language : en
Publisher: World Bank Publications
Release Date : 1990
Public Sector Management Issues In Structural Adjustment Lending written by Barbara Nunberg and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Administrative agencies categories.
Public sector management components of structural adjustment loans (SALs) progressed unevenly, and the outcomes varied with different political, administrative and economic conditions. Change was often incremental and sometimes unsustainable. Reforms linked to specific, actionable steps were more successfully implemented.
Public Enterprise Reform In Adjustment Lending
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Author : John R. Nellis
language : en
Publisher: World Bank Publications
Release Date : 1989
Public Enterprise Reform In Adjustment Lending written by John R. Nellis and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Corporations, Government categories.
Specific divestiture dates and institutional public enterprise reform should probably not be a matter of hard conditionality for sectoral adjustment lending. One alternative is to establish institutional development projects that parallel adjustment operations. Another is to establish "primary conditions, " nonfulfillment of which would bring an operation to a halt, and "secondary conditions, " (including most institutional and public enterprise reforms), nonfulfillment of which would evoke sanctions but not end operations.
Adjustment Programs And Bank Support
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Author : Vittorio Corbo
language : en
Publisher: World Bank Publications
Release Date : 1991
Adjustment Programs And Bank Support written by Vittorio Corbo and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Ajuste economico categories.
Adjustment should begin with policy and institutional reforms to deal with the ultimate causes of any macroeconomic crisis a country is experiencing. Only when progress has been made in reducing inflation and fiscal and balance of payment deficits should other structural reforms begin - of the public sector, trade and competition, the financial sector, and the labor market.
Guidelines For Public Expenditure Management
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Author : Mr.Jack Diamond
language : en
Publisher: International Monetary Fund
Release Date : 1999-07-01
Guidelines For Public Expenditure Management written by Mr.Jack Diamond and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-07-01 with Business & Economics categories.
Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.
Restructuring Economies In Distress
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Author : Vinod Thomas
language : en
Publisher: World Bank Publications
Release Date : 1991
Restructuring Economies In Distress written by Vinod Thomas and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.
In 1980 the World Bank began structural adjustment lending to its member governments to support broad economic, institutional, and policy reforms. To examine how well this form of lending has worked, this volume brings together leading practitioners and scholars from the World Bank and other financial institutions as well as from government and academia. Their assessments, based on theoretical and practical experience, contribute to the ongoing debate about how best to bring about macroeconomic stability. Case studies of nine countries under adjustment explore how well they complied with loan conditions and how their economies performed before, during, and after adjustment.
Structural And Sectoral Adjustment
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Author : Carl Jayarajah
language : en
Publisher: World Bank Publications
Release Date : 1995-01-01
Structural And Sectoral Adjustment written by Carl Jayarajah and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-01-01 with Business & Economics categories.
World Bank Discussion Paper No. 290. Draws on the lessons of experience of developing countries in decentralizing infrastructure and provides new empirical evidence on the quantitative and qualitative effects of decentralization. This collection of five papers highlights the lessons of the World Bank's research and experience on the linkages between infrastructure and decentralization. The paper provides: - A summary of the lessons from World Bank experience, giving a general review of the importance of the decentralization of infrastructure - A review of the institutional aspects of decentralization and their implications for policy design - An empirical assessment of the consequences of decentralization for expenditure levels and performance in infrastructure - An outline for a research agenda on decentralization in light of recent developments in the theory of the firm. - The authors conclude that some degree of decentralization will improve performance in certain areas of infrastructure such as roads and electricity.