Political Economy of Public Financial Management Reforms: Experiences and Implications for Dialogue and Operational Engagement

doi:10.1596/28887

Publication:
Political Economy of Public Financial Management Reforms: Experiences and Implications for Dialogue and Operational Engagement

dc.contributor.author	Fritz, Verena
dc.contributor.author	Verhoeven, Marijn
dc.contributor.author	Avenia, Ambra
dc.date.accessioned	2017-11-17T13:12:43Z
dc.date.available	2017-11-17T13:12:43Z
dc.date.issued	2017-11-15
dc.description.abstract	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.	en
dc.identifier	http://documents.worldbank.org/curated/en/596281510894572778/Political-economy-of-public-financial-management-reforms-experiences-and-implications-for-dialogue-and-operational-engagement
dc.identifier.doi	10.1596/28887
dc.identifier.uri	https://hdl.handle.net/10986/28887
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	PUBLIC FINANCE
dc.subject	PUBLIC INVESTMENT
dc.subject	POLITICAL ECONOMY
dc.subject	FISCAL TRENDS
dc.subject	INSTITUTIONAL CONDITIONS
dc.subject	PUBLIC SECTOR REFORM
dc.subject	ACCOUNTING STANDARDS
dc.subject	AUDITING
dc.title	Political Economy of Public Financial Management Reforms	en
dc.title.subtitle	Experiences and Implications for Dialogue and Operational Engagement	en
dc.type	Report	en
dc.type	Rapport	fr
dc.type	Informe	es
dspace.entity.type	Publication
okr.crossref.title	Political Economy of Public Financial Management Reforms: Experiences and Implications for Dialogue and Operational Engagement
okr.date.disclosure	2017-11-16
okr.doctype	Publications & Research
okr.doctype	Publications & Research::Working Paper
okr.docurl	http://documents.worldbank.org/curated/en/596281510894572778/Political-economy-of-public-financial-management-reforms-experiences-and-implications-for-dialogue-and-operational-engagement
okr.guid	596281510894572778
okr.identifier.doi	10.1596/28887
okr.identifier.externaldocumentum	090224b0853cf37f_2_0
okr.identifier.internaldocumentum	28168769
okr.identifier.report	121436
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/596281510894572778/pdf/121436-15-11-2017-18-52-15-NTDofPFMReformsReportWeb.pdf	en
okr.topic	Finance and Financial Sector Development::Finance and Development
okr.topic	Finance and Financial Sector Development::Public & Municipal Finance
okr.topic	Governance::Governance and the Financial Sector
okr.topic	Public Sector Development::Public Sector Management and Reform
okr.topic	Governance::Political Systems and Analysis
okr.topic	Public Sector Development::Public Sector Economics
okr.unit	GOV PSI - AFR 5 (GGO27)