Cart
Free US shipping over $10
Proud to be B-Corp

Transforming Central Finance Agencies in Poor Countries World Bank

Transforming Central Finance Agencies in Poor Countries By World Bank

Transforming Central Finance Agencies in Poor Countries by World Bank


$30.29
Condition - New
Only 2 left

Summary

Presents the findings of a study of the functions performed by Central Finance Agencies, defined as government organisations that carry out financial management functions for the whole of government. Using a political economy approach to the analysis of CFAs in ten case studies of low-income countries, the report identifies the principal constraints on the capability of CFAs.

Transforming Central Finance Agencies in Poor Countries Summary

Transforming Central Finance Agencies in Poor Countries: A Political Economy Approach by World Bank

Enhancing the Capabilities of Central Finance Agencies: Synthesis Report presents the findings of a study of the functions performed by CFAs, defined as government organisations that carry out financial management functions for the whole of government. Using a political economy approach to the analysis of CFAs in ten case studies of low-income countries, the report identifies the principal constraints on the capability of CFAs as: interventions by the head of the state, sometimes outside the provisions of the constitution and budget law, in executive decisions on the institutional arrangements and fiscal policy; deficiencies in management, ranging from excessively centralised and hierarchical decision-making processes to poor staff management and record keeping; and inadequate coordination among donors - and between donors and their clients in finance and planning ministries - in designing and implementing strategies for reforming CFAs and PFM systems.

Drawing on results of the cross-country survey of CFAs, the first of its kind, the report presents evidence and offers explanations for an inverted U-curve for the concentration of central finance functions across country income groups. In low-income countries, CFA functions are often poorly defined and may be performed by agencies other than the Finance Ministry, leading to fragmented and inconsistent policy implementation. Middle income countries tend to concentrate central finance functions in the Finance Ministry to strengthen their control. In high-income countries, Finance Ministries tend to retain control of policy but delegate operational functions to specialised agencies. The report will be of interest to country authorities seeking to improve coordination across central finance functions and other stakeholders in the reform process

Additional information

NLS9780821398982
9780821398982
0821398989
Transforming Central Finance Agencies in Poor Countries: A Political Economy Approach by World Bank
New
Paperback
World Bank Publications
2013-06-30
81
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time

Customer Reviews - Transforming Central Finance Agencies in Poor Countries