World Bank International Monetary Fund Collaboration On Public Expenditure Issues

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World Bank International Monetary Fund Collaboration on Public Expenditure Issues

Author : International Monetary Fund. Fiscal Affairs Dept.,World Bank
Publisher : International Monetary Fund
Page : 45 pages
File Size : 48,9 Mb
Release : 2003-02-14
Category : Business & Economics
ISBN : 9781498329804

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World Bank International Monetary Fund Collaboration on Public Expenditure Issues by International Monetary Fund. Fiscal Affairs Dept.,World Bank Pdf

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Report of the External Review Committee on IMF-World Bank Collaboration

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 59 pages
File Size : 46,5 Mb
Release : 2007-02-23
Category : Business & Economics
ISBN : 9781498333764

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Report of the External Review Committee on IMF-World Bank Collaboration by International Monetary Fund Pdf

The Bank and Fund are the only two international financial institutions with near universal membership. They have an important role to play in providing global public goods and in helping countries obtain the benefits of globalization, as well as handle the pressures it creates. While the Bank and Fund have separate mandates, they are inherently linked and close collaboration is vital. Indeed, the costs to members of poor collaboration would be significant. Although there are many examples of good collaboration and there have been clear improvements over the years, there is scope for further improvements in the view of the Committee.

Strengthening IMF-World Bank Collaboration on Country Programs and Conditionality - Progress Report

Author : World Bank,International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Policy Development and Review Dept.,International Monetary Fund
Publisher : International Monetary Fund
Page : 41 pages
File Size : 52,7 Mb
Release : 2004-02-24
Category : Business & Economics
ISBN : 9781498330534

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Strengthening IMF-World Bank Collaboration on Country Programs and Conditionality - Progress Report by World Bank,International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Policy Development and Review Dept.,International Monetary Fund Pdf

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Public Expenditure Handbook

Author : Mr.Ke-young Chu,Mr.Richard Hemming
Publisher : International Monetary Fund
Page : 196 pages
File Size : 40,7 Mb
Release : 1991-09-15
Category : Business & Economics
ISBN : 1557752222

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Public Expenditure Handbook by Mr.Ke-young Chu,Mr.Richard Hemming Pdf

This handbook, edited by Ke-young Chu and Richard Hemming, offers guidance to officials formulating public policy recommendations, so that the aggregate level of public spending conforms with the economy's overall resource capacity. The handbook looks at the impact of public spending on the efficiency of resource use and explores the basis for distinguishing between productive and unproductive spending.

Implementation Plan in Response To The Board-Endorsed Recommendations From The IEO Evaluation Report On IMF Collaboration With The World Bank On Macro-Structural Issues

Author : International Monetary,International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 24 pages
File Size : 45,9 Mb
Release : 2021-10-12
Category : Business & Economics
ISBN : 9781513598215

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Implementation Plan in Response To The Board-Endorsed Recommendations From The IEO Evaluation Report On IMF Collaboration With The World Bank On Macro-Structural Issues by International Monetary,International Monetary Fund. Strategy, Policy, & Review Department Pdf

This Management Implementation Plan (MIP) focuses on further strengthening collaboration between the IMF and the World Bank on strategic macro-structural issues. In macro-structural areas, the Fund and the Bank have complementary roles. The Bank provides structural and development-focused assessments and recommendations, while the Fund focuses on integrating macro relevant structural issues in the macroeconomic frameworks and policies. In some areas, including financial sector and public debt sustainability assessments, Bank-Fund collaboration modalities are well established. In other areas, such as climate change, Fund staff is developing comprehensive strategies on how the IMF can step up its engagement and collaboration with external partners, including with the World Bank, to better serve its membership. This MIP proposes concrete steps aimed at further enhancing: • Bank-Fund collaboration on strategic macro-structural issues, with an initial focus on the climate workstream; • Fund staff’s incentives for collaboration with external partners, including the Bank • Access to and exchange of information and knowledge between Bank and Fund staff.

A Strategy for IMF Engagement on Social Spending

Author : International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 56 pages
File Size : 45,7 Mb
Release : 2019-06-14
Category : Business & Economics
ISBN : 9781498318884

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A Strategy for IMF Engagement on Social Spending by International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Strategy, Policy, & Review Department Pdf

Interest in social spending issues has intensified over the last decade. This reflects concerns about rising inequality and the need to support vulnerable groups, especially in the aftermath of the global financial crisis. In line with this, the Fund has also increased its engagement on social spending issues. This paper outlines a strategy to guide IMF engagement on social spending issues going forward.

Assessing and Reforming Public Financial Management

Author : Richard Allen,Salvatore Schiavo-Campo,Thomas Columkill Garrity
Publisher : World Bank Publications
Page : 166 pages
File Size : 50,8 Mb
Release : 2004
Category : Business & Economics
ISBN : 0821355996

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Assessing and Reforming Public Financial Management by Richard Allen,Salvatore Schiavo-Campo,Thomas Columkill Garrity Pdf

This study compares the various instruments and approaches used by the World Bank, the European Commission, the International Monetary Fund, the Strategic Partnership for Africa and several bilateral donor agencies to assess and reform public expenditure management systems in developing and transitional countries. It identifies weaknesses in the current system and recommends a new medium-term, country-led, multidonor approach which is focused on better budgetary management supplemented by donor aid funds, as a key mechanism to reduce poverty and attain other policy goals.

Enhancing Collaboration - Joint Management Action Plan

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 67 pages
File Size : 42,8 Mb
Release : 2007-09-20
Category : Business & Economics
ISBN : 9781498333320

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Enhancing Collaboration - Joint Management Action Plan by International Monetary Fund Pdf

In March 2006, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank commissioned the External Review Committee on IMF-World Bank Collaboration to look at the status of institutional collaboration and provide suggestions for improvement. The Committee’s report, released in February 2007, called for the strengthening of the culture of collaboration in the two institutions, and made a number of specific proposals in that direction. The Joint Management Action Plan (JMAP) was prepared against this background, and the actions agreed between Bank and Fund managements in the JMAP are scheduled to be presented in informal Board meetings in early October. The JMAP will be launched immediately after the Annual Meetings. The goal is for most new systems to be operational in time for the preparation of FY09 budgets.

Good Governance

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 26 pages
File Size : 42,5 Mb
Release : 1998-09-01
Category : Business & Economics
ISBN : 1557756902

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Good Governance by International Monetary Fund Pdf

Good governance is important for countries at all stages of development... Our approach is to concentrate on those aspects of good governance that are most closely related to our surveillance over macroeconomic policies- namely, the transparency of government accounts, the effectiveness of public resource management, and the stability and transparency of the economic and regulatory environment for privalte sector activity. Michael Camdessus, IMF Managing Director

Lives in the Balance

Author : Anonim
Publisher : Brookings Institution Press
Page : 199 pages
File Size : 43,5 Mb
Release : 2010-07-23
Category : Political Science
ISBN : 9780815732891

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Lives in the Balance by Anonim Pdf

Investigates the use of foreign aid by developing countries and offers solutions for making sure the money goes where it should. Original.

Assessing Aid

Author : Anonim
Publisher : World Bank Publications
Page : 164 pages
File Size : 48,7 Mb
Release : 1998
Category : Political Science
ISBN : 0195211235

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Assessing Aid by Anonim Pdf

Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.

Global Waves of Debt

Author : M. Ayhan Kose,Peter Nagle,Franziska Ohnsorge,Naotaka Sugawara
Publisher : World Bank Publications
Page : 403 pages
File Size : 47,9 Mb
Release : 2021-03-03
Category : Business & Economics
ISBN : 9781464815454

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Global Waves of Debt by M. Ayhan Kose,Peter Nagle,Franziska Ohnsorge,Naotaka Sugawara Pdf

The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Evaluating Public Spending

Author : Sanjay Pradhan
Publisher : World Bank Publications
Page : 150 pages
File Size : 42,8 Mb
Release : 1996-01-01
Category : Business & Economics
ISBN : 0821336339

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Evaluating Public Spending by Sanjay Pradhan Pdf

World Bank Discussion Paper No. 318. Analyzes the condition needed for achieving sustainable private sector growth in the Visegrad countries--the Czech Republic, Hungary, Poland, and the Slovak Republic. The analysis focuses on the legal and regulatory framework and institutional capacity, the privatization of state enterprises, and private sector development.

PEFA, Public Financial Management, and Good Governance

Author : Jens Kromann Kristensen,Martin Bowen,Cathal Long,Shakira Mustapha,Urška Zrinski
Publisher : World Bank Publications
Page : 168 pages
File Size : 49,8 Mb
Release : 2019-11-24
Category : Business & Economics
ISBN : 9781464814662

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PEFA, Public Financial Management, and Good Governance by Jens Kromann Kristensen,Martin Bowen,Cathal Long,Shakira Mustapha,Urška Zrinski Pdf

This project, based on the Public Expenditure and Financial Accountability (PEFA) data set, researched how PEFA can be used to shape policy development in public financial management (PFM) and other major relevant policy areas such as anticorruption, revenue mobilization, political economy analysis, and fragile states. The report explores what shapes the PFM system in low- and middle-income countries by examining the relationship between political institutions and the quality of the PFM system. Although the report finds some evidence that multiple political parties in control of the legislature is associated with better PFM performance, the report finds the need to further refine and test the theories on the relationship between political institutions and PFM. The report addresses the question of the outcomes of PFM systems, distinguishing between fragile and nonfragile states. It finds that better PFM performance is associated with more reliable budgets in terms of expenditure composition in fragile states, but not aggregate budget credibility. Moreover, in contrast to existing studies, it finds no evidence that PFM quality matters for deficit and debt ratios, irrespective of whether a country is fragile or not. The report also explores the relationship between perceptions of corruption and PFM performance. It finds strong evidence of a relationship between better PFM performance and improvements in perceptions of corruption. It also finds that PFM reforms associated with better controls have a stronger relationship with improvements in perceptions of corruption compared to PFM reforms associated with more transparency. The last chapter looks at the relationship between PEFA indicators for revenue administration and domestic resource mobilization. It focuses on the credible use of penalties for noncompliance as a proxy for the type of political commitment required to improve tax performance. The analysis shows that countries that credibly enforce penalties for noncompliance collect more taxes on average.