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Public Financial Management in Resource-rich Countries : Essentials for Economists and Public Finance
About this item
This volume addresses the need for improved public financial management in resource-rich countries, and discusses how this can be achieved. The volume takes as a point of departure the political economy constraints that can frequently be expected in resource-rich countries. The topics discussed include financial compliance, and the special problems that it faces in developing countries; strengthening of key compliance agencies, and reform strategies for compliance. The application of medium term budget and fiscal planning in resource-rich countries is discussed, with a focus on resource-specific aspects and reform strategy. Improvement of public investment management, a fundamental challenge in many resource-rich countries, is discussed, as are transparency aspects of PFM and PIM. The three volumes of the report are mutually supportive, but can also be read independently.
Number of Pages: 171
Genre: Business + Money Management
Sub-Genre: Development / Economic Development, Industrial Management, Industries / Energy Industries
Series Title: World Bank Studies
Publisher: World Bank
Street Date: September 28, 2018
Item Number (DPCI): 247-50-5008
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