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"A resurgence of recent interest in fiscal federalism has been a source of concern among macroeconomic stabilization experts. They argue that a decentralized fiscal system poses a threat to macroeconomic stability as it is incompatible with prudent monetary and fiscal management. The author...
Persistent link: https://www.econbiz.de/10010522414
Persistent link: https://www.econbiz.de/10010523248
This report consists of two volumes. Volume I examines whether, and how, the core goals of public expenditure management, i.e., balanced fiscal aggregates, resource allocations to strategic sectors, and equity and microeconomic efficiency of public spending are met in Ecuador. Volume II presents...
Persistent link: https://www.econbiz.de/10012563375
The year 2000 was a turning point in Croatian history, marked by closing the chapter of the war and the first phase of transition. With that, the country turned its attention to the "second transition,"the principle goal of which is to place Croatia on a path to the European Union (EU). While...
Persistent link: https://www.econbiz.de/10012552914
This Public Expenditure and Financial Accountability (PEFA) assessment provides an updated and systematic diagnostic of the Public Financial Management (PFM) system in Georgia and provides mid-2007 as a base line for complementing the Government's efforts to monitor progress in the PFM reforms...
Persistent link: https://www.econbiz.de/10012552946
The year 2000 was a turning point in Croatian history, marked by closing the chapter of the war and the first phase of transition. With that, the country turned its attention to the "second transition,"the principle goal of which is to place Croatia on a path to the European Union (EU). While...
Persistent link: https://www.econbiz.de/10012552997
remitted by Nepali workers abroad. This Public Finance Management (PFM) review outlines the key objectives of the government …'s development strategy and explores the potential contribution of sound public finance management to this agenda.This review has … government's National Planning Commission (NPC) and Ministry of Finance (MoF). The scope of the review was finalized in December …
Persistent link: https://www.econbiz.de/10012553330
This report concludes that during FY1993/94 to FY002/03 the fiscal policy implemented by the government of Dominica was unsustainable and posed a risk to the stability of the currency board arrangement. Moreover, this report recommends that most of the adjustment required to achieve a...
Persistent link: https://www.econbiz.de/10012553479
Parliamentary elections, return of refugees, and demobilization of militias. Public finance management has made a major contribution … to these successes. Yet the challenges remain enormous. The main objective of this Afghanistan Public Finance Management …'s public finance system, review recent progress, analyze key challenges, and put forward options and recommendations for moving …
Persistent link: https://www.econbiz.de/10012553544