This paper addresses issues relating to the establishment and financial management of extrabudgetary funds (EBFs), a large group of government entities that on average accounts for 40 to 45 percent of central government expenditure-two-thirds of which represents social security funds-in...

This technical note1 addresses the following main questions: 1. What are the definition, classification, and typology of extrabudgetary funds (EBFs)? 2. Why do EBFs exist? 3. What are the problems created by EBFs? 4. What are the criteria for evaluating and reforming EBFs? and 5. What are the...

This paper addresses issues relating to the establishment and financial management of extrabudgetary funds (EBFs), a large group of government entities that on average accounts for 40 to 45 percent of central government expenditure-two-thirds of which represents social security funds-in...

This article addresses issues relating to the establishment and financial management of extrabudgetary funds (EBFs), a large group of government entities and accounts. The article develops a typology of EBFs and argues that they are frequently created because of budget system failures and...

Intro -- Contents -- I. INTRODUCTION -- II. DEFINITION, DATA, CLASSIFICATION, AND TYPOLOGY OF EBFS -- III. WHY DO EBFS EXIST? -- IV. THE PROBLEMS CREATED BY EBFS -- V. CRITERIA FOR EVALUATING AND REFORMING EBFS -- VI. IMPLICATIONS FOR THE ANALYSIS OF FISCAL POLICIES AND PUBLIC FINANCIAL...

En esta nota tecnica se abordan las siguientes cuestiones principales: 1. Cuales son la definicion, clasificacion y tipologia de fondos extrapresupuestarios? 2. Por que hay fondos extrapresupuestarios? 3. Que problemas crean los fondos extrapresupuestarios? 4. Bajo que criterios se evaluan y...