The annual budgeting process is a trap. Pressured by fixed targets and performance incentives, managers focus on making the numbers instead of making a differen

Beyond the Annual Budget is a comprehensive review of country experience with Medium Term Expenditure Frameworks (MTEFs) worldwide. It looks at countries both w

The author describes the serious and systemic problems with traditional management practices, and provides concrete alternatives and practical guidance on how t

Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy consideratio

Local budgeting serves important functions that include setting priorities, planning, financial control over inputs, management of operations and accountability