How Does Knowledge on Public Expenditures Integrate with the Design of Development Policy Operations?

Integration of knowledge with lending is an enduring theme in World Bank strategies at the corporate and country levels. It rests on the widely shared proposition that Bank lending instruments could be more relevant and produce better results if they incorporate key analytical, country level knowledge. To be successful, development interventions must be informed by evidence, and evidence comes from knowledge. This is the idea behind Bank as a ‘solutions bank,’ integrating financial instruments and knowledge products into ‘development solutions’ that deliver results. A recent Independent Evaluation Group (IEG) evaluation suggests that the Bank’s broad economic and sector work and technical assistance strongly inform Bank lending strategies (IEG 2008). PERs, for the purpose of this learning product, are identified as Bank knowledge products with a specific reference in their titles as Public Expenditure Review, whether they are multi-sector or single sector public expenditure reviews. They also include other analytical documents which deal with public expenditure issues, be they public finance reviews, studies of specific expenditure and debt issues, and even Country Economic Memoranda (CEMs) with a special focus on public expenditures. This broad definition should capture much (though not all) of the public expenditure-related analytical work at the Bank. Arguably, efficiency and allocation issues important in the design of DPOs and the reforms they support can only be addressed by such integrative, not partial or silo-type knowledge of specific subsector expenditures (e.g., tertiary education expenditure review).

Bibliographic Details

Main Author:	Independent Evaluation Group
Format:	Report biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2015-05-27
Subjects:	POLICY REFORM, BUDGET CYCLE, EXPENDITURE CLASSIFICATION, GOVERNMENT EXPENDITURES, POLICY REFORMS, SAL, CITY, FINANCIAL MANAGEMENT, PUBLIC FINANCING, MACROECONOMIC MANAGEMENT, POLICY FRAMEWORK, MEDIUM-TERM EXPENDITURE, PUBLIC INVESTMENTS, PUBLIC EXPENDITURE REFORM, PUBLIC SECTOR, LOCAL GOVERNMENTS, MACROECONOMIC POLICY, RESOURCE ALLOCATION, SERVICES, POLICY RECOMMENDATIONS, INFRASTRUCTURE DEVELOPMENT, REVENUES, FISCAL POLICY, POLICY REPORT, TAX, FISCAL FEDERALISM, EXPENDITURES ON EDUCATION, PUBLIC FINANCIAL MANAGEMENT, MEDIUM-TERM EXPENDITURE FRAMEWORK, SUBNATIONAL, FISCAL CRISIS, MEDIUM-TERM EXPENDITURE FRAMEWORKS, MINISTRY, POLICY PRIORITIES, SECAL, SUB-NATIONAL FINANCE, EXPENDITURE FRAMEWORK, SUBNATIONAL REFORM, CAPITAL FORMATION, PUBLIC FINANCE MANAGEMENT, DISTRICT, BUDGET EXECUTION, EXPENDITURE REFORM, TRANSFERS, EXPENDITURE ANALYSIS, PUBLIC FINANCE, CENTRAL GOVERNMENTS, EXPENDITURE MANAGEMENT, EXPENDITURE EFFICIENCY, STRUCTURAL REFORMS, PUBLIC DEBT MANAGEMENT, POLICY IMPLEMENTATION, DISTRICT LEVEL, PUBLIC EXPENDITURE REVIEW, PUBLIC EXPENDITURE WORK, EXPENDITURE POLICIES, ALLOCATION OF RESOURCES, TAX POLICIES, INFRASTRUCTURE, EXPENDITURE WORK, PUBLIC INVESTMENT, TAXES, TAX REFORMS, EXPENDITURE, SUB-NATIONAL, EQUITY, SUBNATIONAL EXPENDITURE, ELECTRICITY SUBSIDIES, FISCAL FRAMEWORK, BUDGET PROCESS, PUBLIC EXPENDITURE, PROVINCE, REVENUE POLICY, PUBLIC EXPENDITURES, PROVINCIAL EXPENDITURES, EXPENDITURES, EXPENDITURE POLICY, NET DEBT, EXPENDITURE TRACKING, STATE BUDGET, PUBLIC DEBT, STATE ELECTRICITY, FISCAL SUSTAINABILITY, ELECTRICITY PRICES, FISCAL ADJUSTMENT, FISCAL SPACE, POLICY ACTIONS, PUBLIC EXPENDITURE MANAGEMENT, MINISTRY OF FINANCE, FISCAL MANAGEMENT, PUBLIC ENTERPRISE, EXPENDITURE ALLOCATIONS, POVERTY, SUBNATIONAL GOVERNMENTS, PERFORMANCE ASSESSMENT, SECTOR EXPENDITURES, FEDERALISM, DECENTRALIZATION, EXPENDITURE COMPOSITION, REVENUE, TAX POLICY, INEFFICIENCIES, PUBLIC SECTOR EXPENDITURE, CAPITAL EXPENDITURES, TAX REFORM, POVERTY ASSESSMENT, FISCAL DISCIPLINE, PUBLIC DOMAIN, PUBLIC SPENDING, POLICY ANALYSIS, DISTRICTS, POLICY CHANGES, INTERGOVERNMENTAL FISCAL RELATIONS,
Online Access:	http://documents.worldbank.org/curated/en/2015/06/24647096/knowledge-public-expenditures-integrate-design-development-policy-operations https://hdl.handle.net/10986/22053
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