Public Expenditure Reform under Adjustment Lending. Lessons from World Bank Experiences
AbstractThe World Bank has helped define expenditure reform in 83 countries from 1979 to 1994 through 219 operations. Refrom efforts, through conditions for loans and credits, have focused on reducing and restructuring capital expenditures, reducing subsidies, reforming public employment, cutting the public sector wage bill, emphasizing operations and maintenance of existing facilities, and increasing social sector spending. This paper examines the effectiveness of these conditions in bringing about expenditure reform.
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Bibliographic InfoPaper provided by World Bank in its series World Bank - Discussion Papers with number 382.
Length: 55 pages
Date of creation: 1997
Date of revision:
CAPITAL ; SUBSIDIES ; PUBLIC SECTOR;
Find related papers by JEL classification:
- H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
- O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
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- World Bank, 2000. "Guatemala : Expenditure Reform in a Post-Conflict Country," World Bank Other Operational Studies 15481, The World Bank.
- Shah, Anwar, 2006.
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