Publication: Generating Public Sector Resources to Finance Sustainable Development : Revenue and Incentive Effects

Thumbnail Image
Files in English
English PDF (10.23 MB)
557 downloads

English Text (551.99 KB)
395 downloads
Date
2002
ISSN
Published
2002
Author(s)
Pagiola, Stefano
Martin-Hurtado, Roberto
Shyamsundar, Priya
Mani, Muthukumara
Silva, Patricia
Abstract
The paper discusses how developing countries can generate some of the resources they need for sustainable development. Developing country government already spend significant amounts of resources on a variety of activities, but the evidence suggests that sometimes, there is substantial scope for them to generate additional resources, and most importantly perhaps, to free substantial amounts of resources which are currently being used inefficiently. The paper attempts at setting the scope on the magnitude of resources that might be generated, or freed by a variety of public sector actions. It begins by examining the potential to reform existing policies which are not only costly, but often unsustainable, and environmentally damaging. Then, it reviews means for generating new financial flows, capturing greater share of rents from natural resources, and instituting "green" levies. Lessons suggest as a potential source of additional revenues, the reform of subsidies, making sub-sectors financially sustainable, reforms which in turn reduce environmental damage, but considering reform policies that would not inadvertently harm the poor. This requires political will, good governance, capacity building, and investment.
Citation
Pagiola, Stefano; Martin-Hurtado, Roberto; Shyamsundar, Priya; Mani, Muthukumara; Silva, Patricia. 2002. Generating Public Sector Resources to Finance Sustainable Development : Revenue and Incentive Effects. World Bank Technical Paper;No. 538. © Washington, DC: World Bank. http://openknowledge.worldbank.org/entities/publication/e8cb073b-04fd-5bb0-a37b-1782b6aa007b License: CC BY 3.0 IGO.
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue
Associated URLs
Associated content
Citations