"Political economy explanations for fiscal profligacy are dominated by models of bargaining among organized interest groups over group-specific targeted benefits financed by generalized taxation. These models predict that governments consisting of a coalition of political parties spend more than...

This note presents practical guidance on how to implement a framework for managing fiscal commitments from Public-Private Partnerships (PPPs). It draws on specific regional operational experience and on World Bank Institute (WBI)'s wider thematic engagement with different partners worldwide. The...

This report discusses Mongolia's increasing dependence on mining revenues and the associated vulnerability to boom and bust economic cycles, and calls for special attention to governance in mining resource management. It seeks to identify can be learned from the experiences of other mineral...