Institutional and Incentive Issues in Public Financial Management Reform In Poor Countries

An explanation of why public financial management is not working as effectively as possible and why donor led reforms and conditionality have not worked as well as expected.
Page 9: “There is huge scope for improving performance simply by better implementation of existing laws and regulations.”

Author: Mike Stevens
Published in 2004, in Washington DC by the World Bank

This document is part of the recommended reading for the methodological course: PFM I - Public Finance Management: Systems and Principles Methodological Training

This course is also provided in French: La Gestion Des Finances Publiques (GFP)