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Managing Public Expenditure: An Evolving World Bank Perspective

机译:管理公共支出:不断发展的世界银行视角

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The Bank is paying increasing, though still unsystematic, attention to the institutional dimension of public expenditure management. This implies analysis of the processes and procedures by which programs are put together with an assessment of the strengths and weaknesses of the institutions involved and the links between them. Advising governments on these aspects requires more expertise than most Bank staff members possess. The Bank should develop a well-designed program of operationally oriented, detailed case studies of specific country experiences (successes and failures) from which to draw lessons for future operations and country and economic sector work. One approach being explored is to finance a time slice of the country's public investment program to support not only more appropriate programs but also institutional and procedural reforms of the ways in which public expenditures are prepared and implemented. This approach could combine quick-disbursing balance of payments support with the longer-term approach needed to encourage institutional reform. (Copyright (c) 1989 The World Bank.)

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