Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 1. Executive Summary
This Public Expenditure and Institutional Review (PEIR) aims to help the government of the Federal Republic of Yugoslavia (FRY) in taking their public expenditure reforms further. It analyzes public expenditure practices, and institutions of the tw...
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| Format: | Public Expenditure Review |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/02/2210544/serbia-montenegro-public-expenditure-institutional-review-vol-1-3-executive-summary http://hdl.handle.net/10986/14822 |
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okr-10986-14822 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTABILITY ADMINISTRATIVE COSTS ADMINISTRATIVE REFORM ANTI-CORRUPTION AUDITS BANK RESTRUCTURING BASIC EDUCATION BUDGET EXECUTION BUDGET FORMULATION BUDGET MANAGEMENT BUDGET PROCESS BUDGET SYSTEM BUDGET SYSTEMS BUDGETARY INSTITUTIONS CAPITAL EXPENDITURES CENTRAL GOVERNMENT CENTRAL GOVERNMENT SPENDING CITIZENS CONSOLIDATION CONSTITUTION CONSTITUTIONAL REFORM COUNCIL OF MINISTERS CURRENCY UNITS DEBT MANAGEMENT DEBT SERVICING DECISION-MAKING DEMOCRACY DOMESTIC BORROWING EBF ECONOMIC GROWTH ECONOMIC REFORM ELECTRICITY ENTERPRISE REFORM ENTERPRISE RESTRUCTURING EXECUTION EXPENDITURE REFORM EXTRABUDGETARY FUNDS FEDERAL BUDGETS FEDERAL GOVERNMENT FEDERAL GOVERNMENTS FINANCIAL ASSISTANCE FINANCIAL CONTROL FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INTERESTS FINANCIAL PERFORMANCE FISCAL FISCAL BALANCE FISCAL DECENTRALIZATION FISCAL DEFICIT FISCAL DEFICITS FISCAL POLICIES FISCAL PRESSURES FISCAL REFORM FISCAL REFORMS FISCAL STANCE FISCAL SUSTAINABILITY FISCAL TRANSPARENCY FISCAL YEAR FOREIGN BORROWING FOREIGN EXCHANGE FOREIGN TRADE GOVERNMENT AGENCIES GOVERNMENT DEBT GOVERNMENT LEVELS GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HUMAN RESOURCES INFLATION INSOLVENT INSOLVENT BANKS INSTITUTIONAL FRAMEWORK INSURANCE INTEREST RATES JUDICIARY LABOR MARKET LACK OF ACCOUNTABILITY LAWS LEGISLATION LEVELS OF GOVERNMENT LIQUIDATION LOCAL GOVERNMENT LOCAL GOVERNMENT SPENDING LOCAL GOVERNMENTS MINISTRIES OF FINANCE MINISTRY OF FINANCE MONETARY POLICIES NATIONAL GOVERNMENTS OPERATING EXPENSES PENSIONS PRESIDENCY PRIVATE SECTOR PRIVATIZATION PRIVATIZATION PROCEEDS PRODUCTIVITY PUBLIC AGENCIES PUBLIC BORROWING PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REFORM PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE SYSTEM PUBLIC FINANCES PUBLIC FUNDS PUBLIC OWNERSHIP PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT PUBLIC SECTOR WAGES PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SPENDING REGULATORY BODY REGULATORY OVERSIGHT REPRESENTATIVES REPUBLICS RESERVE ACCOUNTS RESOURCE ALLOCATION RETIREMENT REVENUE ADMINISTRATION RISK MANAGEMENT SAVINGS SIZE OF GOVERNMENT SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL PROTECTION SYSTEM SOCIAL SAFETY SOCIAL SAFETY NET SOCIAL SUPPORT SOCIAL TRANSFERS STRUCTURE OF GOVERNMENT SURCHARGES TAX TAX RATES TAX REFORM TAX REVENUES TAX SYSTEM TRANSPARENCY TREASURY PUBLIC EXPENDITURES; INSTITUTIONAL ANALYSIS; INSTITUTIONAL CAPACITY; FEDERAL GOVERNMENTS; REFORM POLICY; REFORM IMPLEMENTATION; PUBLIC SPENDING; ALLOCATION OF GOVERNMENT RESOURCES; GROWTH PROMOTION; WELFARE ECONOMICS; FISCAL CONSOLIDATION; POST-CONFLICT RECONSTRUCTION; FISCAL CONSTRAINTS; BUDGET MANAGEMENT; GOVERNMENT ACCOUNTING STANDARDS; GOVERNMENTAL REFORM |
| spellingShingle |
ACCOUNTABILITY ADMINISTRATIVE COSTS ADMINISTRATIVE REFORM ANTI-CORRUPTION AUDITS BANK RESTRUCTURING BASIC EDUCATION BUDGET EXECUTION BUDGET FORMULATION BUDGET MANAGEMENT BUDGET PROCESS BUDGET SYSTEM BUDGET SYSTEMS BUDGETARY INSTITUTIONS CAPITAL EXPENDITURES CENTRAL GOVERNMENT CENTRAL GOVERNMENT SPENDING CITIZENS CONSOLIDATION CONSTITUTION CONSTITUTIONAL REFORM COUNCIL OF MINISTERS CURRENCY UNITS DEBT MANAGEMENT DEBT SERVICING DECISION-MAKING DEMOCRACY DOMESTIC BORROWING EBF ECONOMIC GROWTH ECONOMIC REFORM ELECTRICITY ENTERPRISE REFORM ENTERPRISE RESTRUCTURING EXECUTION EXPENDITURE REFORM EXTRABUDGETARY FUNDS FEDERAL BUDGETS FEDERAL GOVERNMENT FEDERAL GOVERNMENTS FINANCIAL ASSISTANCE FINANCIAL CONTROL FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INTERESTS FINANCIAL PERFORMANCE FISCAL FISCAL BALANCE FISCAL DECENTRALIZATION FISCAL DEFICIT FISCAL DEFICITS FISCAL POLICIES FISCAL PRESSURES FISCAL REFORM FISCAL REFORMS FISCAL STANCE FISCAL SUSTAINABILITY FISCAL TRANSPARENCY FISCAL YEAR FOREIGN BORROWING FOREIGN EXCHANGE FOREIGN TRADE GOVERNMENT AGENCIES GOVERNMENT DEBT GOVERNMENT LEVELS GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HUMAN RESOURCES INFLATION INSOLVENT INSOLVENT BANKS INSTITUTIONAL FRAMEWORK INSURANCE INTEREST RATES JUDICIARY LABOR MARKET LACK OF ACCOUNTABILITY LAWS LEGISLATION LEVELS OF GOVERNMENT LIQUIDATION LOCAL GOVERNMENT LOCAL GOVERNMENT SPENDING LOCAL GOVERNMENTS MINISTRIES OF FINANCE MINISTRY OF FINANCE MONETARY POLICIES NATIONAL GOVERNMENTS OPERATING EXPENSES PENSIONS PRESIDENCY PRIVATE SECTOR PRIVATIZATION PRIVATIZATION PROCEEDS PRODUCTIVITY PUBLIC AGENCIES PUBLIC BORROWING PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REFORM PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE SYSTEM PUBLIC FINANCES PUBLIC FUNDS PUBLIC OWNERSHIP PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT PUBLIC SECTOR WAGES PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SPENDING REGULATORY BODY REGULATORY OVERSIGHT REPRESENTATIVES REPUBLICS RESERVE ACCOUNTS RESOURCE ALLOCATION RETIREMENT REVENUE ADMINISTRATION RISK MANAGEMENT SAVINGS SIZE OF GOVERNMENT SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL PROTECTION SYSTEM SOCIAL SAFETY SOCIAL SAFETY NET SOCIAL SUPPORT SOCIAL TRANSFERS STRUCTURE OF GOVERNMENT SURCHARGES TAX TAX RATES TAX REFORM TAX REVENUES TAX SYSTEM TRANSPARENCY TREASURY PUBLIC EXPENDITURES; INSTITUTIONAL ANALYSIS; INSTITUTIONAL CAPACITY; FEDERAL GOVERNMENTS; REFORM POLICY; REFORM IMPLEMENTATION; PUBLIC SPENDING; ALLOCATION OF GOVERNMENT RESOURCES; GROWTH PROMOTION; WELFARE ECONOMICS; FISCAL CONSOLIDATION; POST-CONFLICT RECONSTRUCTION; FISCAL CONSTRAINTS; BUDGET MANAGEMENT; GOVERNMENT ACCOUNTING STANDARDS; GOVERNMENTAL REFORM World Bank Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 1. Executive Summary |
| geographic_facet |
Europe and Central Asia Serbia |
| description |
This Public Expenditure and
Institutional Review (PEIR) aims to help the government of
the Federal Republic of Yugoslavia (FRY) in taking their
public expenditure reforms further. It analyzes public
expenditure practices, and institutions of the two Republics
- Serbia and Montenegro - and of the Federal Government,
and, evaluates their decision-making, and implementation
processes. The cross-cutting topics of the PEIR are:
sustainability of public expenditures; strategic allocation
of public spending, to maximize growth and welfare within
fiscally sustainable limits; and, accountability of the
public expenditure system, needed to maintain domestic, and
international support for the reconstruction programs of the
two Republics. The success of reforms depends on difficult
strategic choices: 1) the inherited, distorted fiscal
systems, and inefficient budget management practices, call
for a realistic focus in selecting the goals of reform; 2)
the best solution choice must be derived from the existing
structures, and practices; and, 3) the Governments of Serbia
and Montenegro should focus on deepening the reforms already
initiated, rather than launching a number of new ones. The
first volume provides an overview of the public expenditure
reform agenda; volume two focuses on the Republic of Serbia
and the Federal Government, while volume three discusses
public expenditure management issues in Montenegro. The
public expenditure problems of the Federal level receive a
somewhat limited treatment, as the contours of the future
union government takes shape. Similarly, challenges of
fiscal decentralization below the Republic level, receive
only a brief treatment, actually only in the Serbia volume. |
| format |
Economic & Sector Work :: Public Expenditure Review |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 1. Executive Summary |
| title_short |
Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 1. Executive Summary |
| title_full |
Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 1. Executive Summary |
| title_fullStr |
Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 1. Executive Summary |
| title_full_unstemmed |
Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 1. Executive Summary |
| title_sort |
serbia and montenegro : public expenditure and institutional review, volume 1. executive summary |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2003/02/2210544/serbia-montenegro-public-expenditure-institutional-review-vol-1-3-executive-summary http://hdl.handle.net/10986/14822 |
| _version_ |
1764427859748716544 |
| spelling |
okr-10986-148222021-04-23T14:03:16Z Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 1. Executive Summary World Bank ACCOUNTABILITY ADMINISTRATIVE COSTS ADMINISTRATIVE REFORM ANTI-CORRUPTION AUDITS BANK RESTRUCTURING BASIC EDUCATION BUDGET EXECUTION BUDGET FORMULATION BUDGET MANAGEMENT BUDGET PROCESS BUDGET SYSTEM BUDGET SYSTEMS BUDGETARY INSTITUTIONS CAPITAL EXPENDITURES CENTRAL GOVERNMENT CENTRAL GOVERNMENT SPENDING CITIZENS CONSOLIDATION CONSTITUTION CONSTITUTIONAL REFORM COUNCIL OF MINISTERS CURRENCY UNITS DEBT MANAGEMENT DEBT SERVICING DECISION-MAKING DEMOCRACY DOMESTIC BORROWING EBF ECONOMIC GROWTH ECONOMIC REFORM ELECTRICITY ENTERPRISE REFORM ENTERPRISE RESTRUCTURING EXECUTION EXPENDITURE REFORM EXTRABUDGETARY FUNDS FEDERAL BUDGETS FEDERAL GOVERNMENT FEDERAL GOVERNMENTS FINANCIAL ASSISTANCE FINANCIAL CONTROL FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INTERESTS FINANCIAL PERFORMANCE FISCAL FISCAL BALANCE FISCAL DECENTRALIZATION FISCAL DEFICIT FISCAL DEFICITS FISCAL POLICIES FISCAL PRESSURES FISCAL REFORM FISCAL REFORMS FISCAL STANCE FISCAL SUSTAINABILITY FISCAL TRANSPARENCY FISCAL YEAR FOREIGN BORROWING FOREIGN EXCHANGE FOREIGN TRADE GOVERNMENT AGENCIES GOVERNMENT DEBT GOVERNMENT LEVELS GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HUMAN RESOURCES INFLATION INSOLVENT INSOLVENT BANKS INSTITUTIONAL FRAMEWORK INSURANCE INTEREST RATES JUDICIARY LABOR MARKET LACK OF ACCOUNTABILITY LAWS LEGISLATION LEVELS OF GOVERNMENT LIQUIDATION LOCAL GOVERNMENT LOCAL GOVERNMENT SPENDING LOCAL GOVERNMENTS MINISTRIES OF FINANCE MINISTRY OF FINANCE MONETARY POLICIES NATIONAL GOVERNMENTS OPERATING EXPENSES PENSIONS PRESIDENCY PRIVATE SECTOR PRIVATIZATION PRIVATIZATION PROCEEDS PRODUCTIVITY PUBLIC AGENCIES PUBLIC BORROWING PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REFORM PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE SYSTEM PUBLIC FINANCES PUBLIC FUNDS PUBLIC OWNERSHIP PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT PUBLIC SECTOR WAGES PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SPENDING REGULATORY BODY REGULATORY OVERSIGHT REPRESENTATIVES REPUBLICS RESERVE ACCOUNTS RESOURCE ALLOCATION RETIREMENT REVENUE ADMINISTRATION RISK MANAGEMENT SAVINGS SIZE OF GOVERNMENT SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL PROTECTION SYSTEM SOCIAL SAFETY SOCIAL SAFETY NET SOCIAL SUPPORT SOCIAL TRANSFERS STRUCTURE OF GOVERNMENT SURCHARGES TAX TAX RATES TAX REFORM TAX REVENUES TAX SYSTEM TRANSPARENCY TREASURY PUBLIC EXPENDITURES; INSTITUTIONAL ANALYSIS; INSTITUTIONAL CAPACITY; FEDERAL GOVERNMENTS; REFORM POLICY; REFORM IMPLEMENTATION; PUBLIC SPENDING; ALLOCATION OF GOVERNMENT RESOURCES; GROWTH PROMOTION; WELFARE ECONOMICS; FISCAL CONSOLIDATION; POST-CONFLICT RECONSTRUCTION; FISCAL CONSTRAINTS; BUDGET MANAGEMENT; GOVERNMENT ACCOUNTING STANDARDS; GOVERNMENTAL REFORM This Public Expenditure and Institutional Review (PEIR) aims to help the government of the Federal Republic of Yugoslavia (FRY) in taking their public expenditure reforms further. It analyzes public expenditure practices, and institutions of the two Republics - Serbia and Montenegro - and of the Federal Government, and, evaluates their decision-making, and implementation processes. The cross-cutting topics of the PEIR are: sustainability of public expenditures; strategic allocation of public spending, to maximize growth and welfare within fiscally sustainable limits; and, accountability of the public expenditure system, needed to maintain domestic, and international support for the reconstruction programs of the two Republics. The success of reforms depends on difficult strategic choices: 1) the inherited, distorted fiscal systems, and inefficient budget management practices, call for a realistic focus in selecting the goals of reform; 2) the best solution choice must be derived from the existing structures, and practices; and, 3) the Governments of Serbia and Montenegro should focus on deepening the reforms already initiated, rather than launching a number of new ones. The first volume provides an overview of the public expenditure reform agenda; volume two focuses on the Republic of Serbia and the Federal Government, while volume three discusses public expenditure management issues in Montenegro. The public expenditure problems of the Federal level receive a somewhat limited treatment, as the contours of the future union government takes shape. Similarly, challenges of fiscal decentralization below the Republic level, receive only a brief treatment, actually only in the Serbia volume. 2013-08-06T16:42:20Z 2013-08-06T16:42:20Z 2003-02 http://documents.worldbank.org/curated/en/2003/02/2210544/serbia-montenegro-public-expenditure-institutional-review-vol-1-3-executive-summary http://hdl.handle.net/10986/14822 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Public Expenditure Review Economic & Sector Work Europe and Central Asia Serbia |