Political Economy of Public Financial Management Reforms : Experiences and Implications for Dialogue and Operational Engagement
Using fiscal resources to achieve results is critical for equitable development. Accordingly, many countries have sought to strengthen their PFM systems, following a fairly standardized set of reform recommendations and approaches. Yet, the results...
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/596281510894572778/Political-economy-of-public-financial-management-reforms-experiences-and-implications-for-dialogue-and-operational-engagement http://hdl.handle.net/10986/28887 |
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okr-10986-288872021-09-17T01:45:44Z Political Economy of Public Financial Management Reforms : Experiences and Implications for Dialogue and Operational Engagement Fritz, Verena Verhoeven, Marijn Avenia, Ambra PUBLIC FINANCE PUBLIC INVESTMENT POLITICAL ECONOMY FISCAL TRENDS INSTITUTIONAL CONDITIONS PUBLIC SECTOR REFORM ACCOUNTING STANDARDS AUDITING Using fiscal resources to achieve results is critical for equitable development. Accordingly, many countries have sought to strengthen their PFM systems, following a fairly standardized set of reform recommendations and approaches. Yet, the results achieved, as well as the pace of reforms and the areas of progress vary considerably across countries. From an impact perspective, it is critical to understand what accounts for such different rates of progress. While non-technical drivers such as ‘political commitment’ are widely considered important, to date there has been little systematic analysis of how such drivers matter for reform progress, or how to utilize such insights when developing and pursuing PFM reforms. This report maps out what PFM progress looks like across countries, regions, and income groups, and then drills down into specific experiences. Based on a detailed tracing of PFM reform progress in a small N sample of countries, it explores the underlying nontechnical drivers and constraints reformers faced, and how these influenced the feasibility and robustness of efforts to strengthen PFM. While not presuming to offer a complete set of answers on how to better approach PFM reforms, the authors aim to provide a stronger empirical basis for some key questions, and to offer some concrete guidance on how reform stakeholders and external supporters can take non-technical drivers into account and better calibrate their approaches to PFM reforms. 2017-11-17T13:12:43Z 2017-11-17T13:12:43Z 2017-11-15 Report http://documents.worldbank.org/curated/en/596281510894572778/Political-economy-of-public-financial-management-reforms-experiences-and-implications-for-dialogue-and-operational-engagement http://hdl.handle.net/10986/28887 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
PUBLIC FINANCE PUBLIC INVESTMENT POLITICAL ECONOMY FISCAL TRENDS INSTITUTIONAL CONDITIONS PUBLIC SECTOR REFORM ACCOUNTING STANDARDS AUDITING |
| spellingShingle |
PUBLIC FINANCE PUBLIC INVESTMENT POLITICAL ECONOMY FISCAL TRENDS INSTITUTIONAL CONDITIONS PUBLIC SECTOR REFORM ACCOUNTING STANDARDS AUDITING Fritz, Verena Verhoeven, Marijn Avenia, Ambra Political Economy of Public Financial Management Reforms : Experiences and Implications for Dialogue and Operational Engagement |
| description |
Using fiscal resources to achieve
results is critical for equitable development. Accordingly,
many countries have sought to strengthen their PFM systems,
following a fairly standardized set of reform
recommendations and approaches. Yet, the results achieved,
as well as the pace of reforms and the areas of progress
vary considerably across countries. From an impact
perspective, it is critical to understand what accounts for
such different rates of progress. While non-technical
drivers such as ‘political commitment’ are widely considered
important, to date there has been little systematic analysis
of how such drivers matter for reform progress, or how to
utilize such insights when developing and pursuing PFM
reforms. This report maps out what PFM progress looks like
across countries, regions, and income groups, and then
drills down into specific experiences. Based on a detailed
tracing of PFM reform progress in a small N sample of
countries, it explores the underlying nontechnical drivers
and constraints reformers faced, and how these influenced
the feasibility and robustness of efforts to strengthen PFM.
While not presuming to offer a complete set of answers on
how to better approach PFM reforms, the authors aim to
provide a stronger empirical basis for some key questions,
and to offer some concrete guidance on how reform
stakeholders and external supporters can take non-technical
drivers into account and better calibrate their approaches
to PFM reforms. |
| format |
Report |
| author |
Fritz, Verena Verhoeven, Marijn Avenia, Ambra |
| author_facet |
Fritz, Verena Verhoeven, Marijn Avenia, Ambra |
| author_sort |
Fritz, Verena |
| title |
Political Economy of Public Financial Management Reforms : Experiences and Implications for Dialogue and Operational Engagement |
| title_short |
Political Economy of Public Financial Management Reforms : Experiences and Implications for Dialogue and Operational Engagement |
| title_full |
Political Economy of Public Financial Management Reforms : Experiences and Implications for Dialogue and Operational Engagement |
| title_fullStr |
Political Economy of Public Financial Management Reforms : Experiences and Implications for Dialogue and Operational Engagement |
| title_full_unstemmed |
Political Economy of Public Financial Management Reforms : Experiences and Implications for Dialogue and Operational Engagement |
| title_sort |
political economy of public financial management reforms : experiences and implications for dialogue and operational engagement |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/596281510894572778/Political-economy-of-public-financial-management-reforms-experiences-and-implications-for-dialogue-and-operational-engagement http://hdl.handle.net/10986/28887 |
| _version_ |
1764467955735724032 |