Lessons from Reforming Financial Management Information Systems : A Review of the Evidence
Financial management information systems are a sine qua non in public financial management and play a foundational role in the execution of the budget. Recognizing their potential contribution to fiscal discipline, the strategic allocation of resou...
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/504361516629959446/Lessons-from-reforming-financial-management-information-systems-a-review-of-the-evidence http://hdl.handle.net/10986/29222 |
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okr-10986-292222021-06-14T10:09:25Z Lessons from Reforming Financial Management Information Systems : A Review of the Evidence Hashim, Ali Piatti-Fünfkirchen, Moritz GOVERNANCE PUBLIC FINANCIAL MANAGEMENT INFORMATION SYSTEMS PUBLIC SECTOR MANAGEMENT PUBLIC FINANCE PUBLIC EXPENDITURE Financial management information systems are a sine qua non in public financial management and play a foundational role in the execution of the budget. Recognizing their potential contribution to fiscal discipline, the strategic allocation of resources, and operational efficiency, significant time and resources have been invested by the World Bank and other development institutions into such systems across the world. However, the reform of financial management information systems tends to be complex, and the evidence base of causal effects and mechanisms is thin. This study develops a framework that outlines the various steps involved in reform that illustrate how change is expected to happen. Three major dimensions were identified: (1) diagnostic phase, (2) systems development lifecycle, and (3) coverage and utilization. The paper argues that reaching the financial management information systems production frontier requires optimization across these dimensions, and that a programmatically coherent approach is required to realize fully the expected improvements in budget management. The study identifies a set of lessons on the various stages that are mapped against the framework by triangulating findings from a systematic review of the financial management information systems literature, field-based project-level evaluations and protocol based case studies, and a comprehensive desk review of the World Bank financial management information systems project documentation. 2018-01-23T17:57:42Z 2018-01-23T17:57:42Z 2018-01 Working Paper http://documents.worldbank.org/curated/en/504361516629959446/Lessons-from-reforming-financial-management-information-systems-a-review-of-the-evidence http://hdl.handle.net/10986/29222 English Policy Research Working Paper;No. 8312 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
GOVERNANCE PUBLIC FINANCIAL MANAGEMENT INFORMATION SYSTEMS PUBLIC SECTOR MANAGEMENT PUBLIC FINANCE PUBLIC EXPENDITURE |
| spellingShingle |
GOVERNANCE PUBLIC FINANCIAL MANAGEMENT INFORMATION SYSTEMS PUBLIC SECTOR MANAGEMENT PUBLIC FINANCE PUBLIC EXPENDITURE Hashim, Ali Piatti-Fünfkirchen, Moritz Lessons from Reforming Financial Management Information Systems : A Review of the Evidence |
| relation |
Policy Research Working Paper;No. 8312 |
| description |
Financial management information systems
are a sine qua non in public financial management and play a
foundational role in the execution of the budget.
Recognizing their potential contribution to fiscal
discipline, the strategic allocation of resources, and
operational efficiency, significant time and resources have
been invested by the World Bank and other development
institutions into such systems across the world. However,
the reform of financial management information systems tends
to be complex, and the evidence base of causal effects and
mechanisms is thin. This study develops a framework that
outlines the various steps involved in reform that
illustrate how change is expected to happen. Three major
dimensions were identified: (1) diagnostic phase, (2)
systems development lifecycle, and (3) coverage and
utilization. The paper argues that reaching the financial
management information systems production frontier requires
optimization across these dimensions, and that a
programmatically coherent approach is required to realize
fully the expected improvements in budget management. The
study identifies a set of lessons on the various stages that
are mapped against the framework by triangulating findings
from a systematic review of the financial management
information systems literature, field-based project-level
evaluations and protocol based case studies, and a
comprehensive desk review of the World Bank financial
management information systems project documentation. |
| format |
Working Paper |
| author |
Hashim, Ali Piatti-Fünfkirchen, Moritz |
| author_facet |
Hashim, Ali Piatti-Fünfkirchen, Moritz |
| author_sort |
Hashim, Ali |
| title |
Lessons from Reforming Financial Management Information Systems : A Review of the Evidence |
| title_short |
Lessons from Reforming Financial Management Information Systems : A Review of the Evidence |
| title_full |
Lessons from Reforming Financial Management Information Systems : A Review of the Evidence |
| title_fullStr |
Lessons from Reforming Financial Management Information Systems : A Review of the Evidence |
| title_full_unstemmed |
Lessons from Reforming Financial Management Information Systems : A Review of the Evidence |
| title_sort |
lessons from reforming financial management information systems : a review of the evidence |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/504361516629959446/Lessons-from-reforming-financial-management-information-systems-a-review-of-the-evidence http://hdl.handle.net/10986/29222 |
| _version_ |
1764468801120763904 |