Enhancing Capabilities of Central Finance Agencies : From Diagnosis to Action
Central Finance Agencies (CFA) of countries are pivotal to the Public Finance Management (PFM) reform process. Thus, the capabilities - not just capacities - of CFAs are critical to bringing about transformation. Strengthening CFA capabilities, and...
| Main Authors: | , |
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| Format: | Other Financial Sector Study |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2012/01/16440605/enhancing-capabilities-central-finance-agencies-diagnosis-action http://hdl.handle.net/10986/12752 |
| Summary: | Central Finance Agencies (CFA) of
countries are pivotal to the Public Finance Management (PFM)
reform process. Thus, the capabilities - not just capacities
- of CFAs are critical to bringing about transformation.
Strengthening CFA capabilities, and thereby driving
government performance, is not a mere technical issue but
requires a broader political economy perspective that
captures the complex interactions which directly and
indirectly relate to a CFA. As the World Bank continues to
support PFM reform processes in various client countries
across the world, a deeper understanding of the role and
capabilities of CFAs as the central element in these
transformations is essential. This paper proposes one such
framework one that approaches the challenge of enhancing the
capabilities of CFAs through a political economy perspective. |
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