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

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collection.link.133
https://openknowledge.worldbank.org/handle/10986/5998
collection.link.38
https://openknowledge.worldbank.org/handle/10986/2146
collection.name.133
Chinese PDFs Available
collection.name.38
Directions in Development
dc.contributor.author
World Bank
dc.date.accessioned
2012-12-11T22:38:25Z
dc.date.available
2012-12-11T22:38:25Z
dc.date.issued
2013
dc.description.abstract
This 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.identifier.isbn
978-0-8213-9625-4
dc.identifier.uri
http://hdl.handle.net/10986/11971
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC: World Bank
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
Budget planning and execution
dc.subject
Financial management information systems
dc.subject
Fiscal stability
dc.subject
Growth
dc.subject
Medium-term expenditure framework
dc.subject
Public financial management
dc.subject
Public sector reforms
dc.subject
Public spending effectiveness
dc.subject
Public spending efficiency
dc.subject
Spending volatility
dc.subject
World Bank lending
dc.title
Beyond the Annual Budget : Global Experience with Medium-Term Expenditure Frameworks
en
okr.crosscuttingsolutionarea
Public-Private Partnerships
okr.date.disclosure
2012-11-08
okr.doctype
Publications & Research :: Publication
okr.doctype
Publications & Research :: Publication
okr.docurl
http://documents.worldbank.org/curated/en/2012/10/16928787/beyond-annual-budget-global-experience-medium-term-expenditure-frameworks
okr.globalpractice
Macroeconomics and Fiscal Management
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-0-8213-9625-4
okr.identifier.externaldocumentum
000333037_20121108005114
okr.identifier.internaldocumentum
16928787
okr.identifier.report
73514
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/11/08/000333037_20121108005114/Rendered/PDF/735140PUB0Annu00801200date010031012.pdf
en
okr.region.country
Albania
okr.region.country
Armenia
okr.region.country
Brazil
okr.region.country
Ghana
okr.region.country
Jordan
okr.region.country
Korea, Republic of
okr.region.country
Nicaragua
okr.region.country
Russia
okr.region.country
South Africa
okr.region.country
Uganda
okr.topic
Private Sector Development
okr.topic
Macroeconomics and Economic Growth
okr.unit
EAP PREM JAKARTA GROUP (EASP2)
okr.volume
1 of 1

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