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- Public Expenditure Reform Under Adjustment Lending: Lessons from World Bank Experience
Public Expenditure Reform Under Adjustment Lending: Lessons from World Bank Experience
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This paper argues that the World Bank should follow a systemic approach to developing guidance on public expenditure reform. Suggested approaches are to: determine an appropriate role for government and its various agents and specify their partnership with the civil society and the private sector, clarify the goals of reform and specify performance monitoring and evaluation indicators, target unproductive and inequitable expenditures from elimination, emphasize poverty alleviation, and promote equity and adopt general guidelines on policy environment goals for external assistance.
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