The global economy and especially its poorest members, face a perfect storm. The crisis has been created by a Global LIE: leverage this is unfathomable, institutions that are discredited, and, experts who are uncertain about the uncertainty. The poorest countries have been the hardest hit by the...

Successful public sector reform is rare in Africa. Over twelve years, Ethiopia transformed its public financial management (PFM) to international standards and now has the third best system in Africa that is managing the largest aid flows to the continent. This article presents a framework for...

The principal recommendation to developing countries for automating their financial systems is to adopt off-the-shelf integrated financial information systems (IFMISs). The recommendation to adopt an IFMIS goes beyond a strategy of automation. IFMISs are often viewed as the driver of financial...