This paper examines the relationship between public financial management (PFM), the financing of health interventions, and health outcomes. Specifically, the paper econometrically tests whether the effect of PFM on under-five (U5) mortality depends on the relevance of public sector health...

Over the last decade, donors of foreign aid quadrupled their annual contributions to trust funds at the World Bank. Concerns have been raised that trust fund aid may undermine the incentives associated with IDA s performance-oriented aid allocation. Moreover, the earmarking of contributions to...