Publication: Liberia - Public Expenditure Review : Human Development
Date
2012-11
ISSN
Published
2012-11
Author(s)
World Bank
Abstract
The human development sector
(essentially, education, health, and social protection)
plays an important role in promoting economic development
and social equity, and improvement in these areas can have a
salutary impact on peace and stability. This report is a
compilation of three separate sector studies, covering
education, health, and social protection. Notwithstanding
that each study focuses on progress achieved in distinct
areas, a number of cross cutting themes permeate the
different chapters. The main cross-cutting threads can be
summarized as follows: (i) overall public spending on human
development is low given the needs of the population and is
highly dependent on donor financing for a large number of
activities, a situation that entails risks to sustainability
and future development; (ii) intra sectoral allocation is
not sufficiently pro-poor; (iii) resource allocation is
inequitable; (iv) inefficiency in public expenditures, with
large shares of funds going to overhead; leakage of wage
funds; and low value for money; and (v) severe lack of data
and capacity to monitor and analyze developments.
Citation
“World Bank. 2012. Liberia - Public Expenditure Review : Human Development. Public expenditure review (PER);. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/4e92bcc6-6e49-526c-ad10-1dc34f57956f License: CC BY 3.0 IGO.”