Publication:
Beyond the Annual Budget : Global Experience with Medium-Term Expenditure Frameworks

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-12-11T22:38:25Z
dc.date.available2012-12-11T22:38:25Z
dc.date.issued2013
dc.description.abstractThis report is structured as follows. Chapter two provides background on what constitutes a medium-term expenditure framework, or MTEF and what it aims to achieve. It also describes the Bank's engagement with MTEFs, presents main points of debate over the experience with MTEFs, and provides a rationale for this study. Chapter three describes the key characteristics of MTEFs, explains the approach used to identify and classify them according to their stage of development, and reviews trends in their adoption. Chapter four outlines the methodological approaches used to examine the impact of MTEFs on fiscal performance, formulates the research hypotheses that are tested in the study, and presents empirical findings from the event studies and econometric analysis. It also presents qualitative insights, informed by case studies, on how MTEFs have affected the quality of budgeting. Chapter five draws some lessons about the key institutional determinants of MTEF performance. Chapter six discusses lessons learned from Bank support for MTEF implementation. Finally, chapter seven presents the conclusions of the study and discusses their implications for the Bank. Several appendixes provide supporting material, including a country-by-country tabulation of MTEF status, a full discussion of econometric results, and country case studies.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/10/16928787/beyond-annual-budget-global-experience-medium-term-expenditure-frameworks
dc.identifier.doi10.1596/978-0-8213-9625-4
dc.identifier.isbn978-0-8213-9625-4
dc.identifier.urihttps://hdl.handle.net/10986/11971
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectBudget planning and execution
dc.subjectFinancial management information systems
dc.subjectFiscal stability
dc.subjectGrowth
dc.subjectMedium-term expenditure framework
dc.subjectPublic financial management
dc.subjectPublic sector reforms
dc.subjectPublic spending effectiveness
dc.subjectPublic spending efficiency
dc.subjectSpending volatility
dc.subjectWorld Bank lending
dc.titleBeyond the Annual Budget : Global Experience with Medium-Term Expenditure Frameworksen
dspace.entity.typePublication
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.crossref.titleBeyond the Annual Budget
okr.date.disclosure2012-11-08
okr.date.doiregistration2025-04-15T10:54:18.049554Z
okr.date.doiregistration2025-04-25T02:25:02.081429Z
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2012/10/16928787/beyond-annual-budget-global-experience-medium-term-expenditure-frameworks
okr.globalpracticeMacroeconomics and Fiscal Management
okr.guid871121468154791469
okr.guid354601468330959258
okr.identifier.doi10.1596/978-0-8213-9625-4
okr.identifier.externaldocumentum000333037_20121108005114
okr.identifier.internaldocumentum16928787
okr.identifier.report73514
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/11/08/000333037_20121108005114/Rendered/PDF/735140PUB0Annu00801200date010031012.pdfen
okr.region.countryAlbania
okr.region.countryArmenia
okr.region.countryBrazil
okr.region.countryGhana
okr.region.countryJordan
okr.region.countryKorea, Republic of
okr.region.countryNicaragua
okr.region.countryRussian Federation
okr.region.countrySouth Africa
okr.region.countryUganda
okr.topicPrivate Sector Development
okr.topicMacroeconomics and Economic Growth
okr.unitEAP PREM JAKARTA GROUP (EASP2)
okr.volume1 of 1
relation.isSeriesOfPublication706db16a-e556-46f0-8283-1b4a4b88645c
relation.isSeriesOfPublication.latestForDiscovery706db16a-e556-46f0-8283-1b4a4b88645c
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