A well-functioning public expenditure management (PEM) system is considered a critical pillar of government efficiency, on par with a low-distortion tax system and efficient tax administration. The paper discusses PEM systems in developing countries using an analytical framework based on...

Background: Performance-Based Financing (PBF) has been advanced as a solution to contribute to improving the performance of health systems in developing countries. This is the case in Benin. This study aims to analyse how two PBF approaches, piloted in Benin, behave during implementation and...

This paper analyzes the pervasiveness and persistence of rent seeking, misgovernance, and public sector inefficiency in many developing and transition economies. We formalize evidence from country experiences and empirical studies into a stylized analytical framework that reflects realistic...

Title ?' Ownership vs. accountability: monitoring the use of development aid fundsAbstract ?' The paper reviews the major changes observed in the mechanisms used tochannel aid to developing countries. As the most recent PRGF approach places theemphasis on the need for a coherent framework (the...

This paper surveys the theoretical economic literature on foreign aid-in particular, the aid donor-recipient relationship. Economic theory, especially new institutional economics, can be very helpful in understanding foreign aid relationships-especially the incentive problems involved-and in...

A well-functioning public expenditure management (PEM) system is considered a critical pillar of government efficiency, on par with a low-distortion tax system and efficient tax administration. The paper discusses PEM systems in developing countries using an analytical framework based on...