Publication:
PEFA, Public Financial Management, and Good Governance

Simple item page
dc.contributor.authorKristensen, Jens Kromann
dc.contributor.authorBowen, Martin
dc.contributor.authorLong, Cathal
dc.contributor.authorMustapha, Shakira
dc.contributor.authorZrinski, Urška
dc.date.accessioned2019-10-11T15:25:58Z
dc.date.available2019-10-11T15:25:58Z
dc.date.issued2019-10-11
dc.description.abstractThis project, based on the Public Expenditure and Financial Accountability (PEFA) data set, researched how PEFA can be used to shape policy development in public financial management (PFM) and other major relevant policy areas such as anticorruption, revenue mobilization, political economy analysis, and fragile states. The report explores what shapes the PFM system in low- and middle-income countries by examining the relationship between political institutions and the quality of the PFM system. Although the report finds some evidence that multiple political parties in control of the legislature is associated with better PFM performance, the report finds the need to further refine and test the theories on the relationship between political institutions and PFM. The report addresses the question of the outcomes of PFM systems, distinguishing between fragile and nonfragile states. It finds that better PFM performance is associated with more reliable budgets in terms of expenditure composition in fragile states, but not aggregate budget credibility. Moreover, in contrast to existing studies, it finds no evidence that PFM quality matters for deficit and debt ratios, irrespective of whether a country is fragile or not. The report also explores the relationship between perceptions of corruption and PFM performance. It finds strong evidence of a relationship between better PFM performance and improvements in perceptions of corruption. It also finds that PFM reforms associated with better controls have a stronger relationship with improvements in perceptions of corruption compared to PFM reforms associated with more transparency. The last chapter looks at the relationship between PEFA indicators for revenue administration and domestic resource mobilization. It focuses on the credible use of penalties for noncompliance as a proxy for the type of political commitment required to improve tax performance. The analysis shows that countries that credibly enforce penalties for noncompliance collect more taxes on average.en
dc.identifierhttps://documents.worldbank.org/en/publication/documents-reports/documentdetail/688551551759153145/pefa-public-financial-management-and-good-governance
dc.identifier.doi10.1596/978-1-4648-1466-2
dc.identifier.isbn978-1-4648-1466-2
dc.identifier.urihttps://hdl.handle.net/10986/32526
dc.languageEnglish
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesInternational Development in Focus;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectPUBLIC FINANCIAL MANAGEMENT
dc.subjectGOVERNANCE
dc.subjectPOLITICAL INSTITUTIONS
dc.subjectBUDGET EXECUTION
dc.subjectFISCAL MANAGEMENT
dc.subjectFRAGILE STATES
dc.subjectCORRUPTION
dc.subjectTAX REVENUE
dc.subjectRESOURCE MOBILIZATION
dc.subjectTAX ADMINISTRATION
dc.subjectREVENUE MOBILIZATION
dc.subjectPUBLIC EXPENDITURE
dc.subjectACCOUNTABILITY
dc.titlePEFA, Public Financial Management, and Good Governanceen
dc.typeBooken
dc.typeLivrefr
dc.typeLibroes
dspace.entity.typePublication
okr.crossref.titlePEFA, Public Financial Management, and Good Governance
okr.date.disclosure2019-10-29
okr.date.doiregistration2025-04-07T08:20:56.408604Z
okr.date.doiregistration2025-04-08T16:09:47.668277Z
okr.date.doiregistration2025-04-09T02:58:02.659501Z
okr.date.doiregistration2025-04-15T12:08:37.250292Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Publication
okr.guid688551551759153145
okr.identifier.doi10.1596/978-1-4648-1466-2
okr.identifier.doihttps://doi.org/10.1596/978-1-4648-1466-2
okr.identifier.internaldocumentum211466
okr.identifier.report135051
okr.importedtrueen
okr.language.supporteden
okr.topicFinance and Financial Sector Development::Financial Regulation & Supervision
okr.topicGovernance::Governance and the Financial Sector
okr.topicPublic Sector Development::Public Financial Management
okr.topicPublic Sector Development::Tax Administration
okr.topicPublic Sector Development::Public Sector Expenditure Policy
okr.unitGGOPE
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
9781464814662.pdf
Size:
3.93 MB
Format:
Adobe Portable Document Format
Description:
English PDF
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
International Development in Focus