Budget Support As More Effective Aid

Author : Stefan Koeberle
Publisher : World Bank Publications
ISBN 13 : 0821364642
Total Pages : 538 pages
Book Rating : 4.42/5 ( download)

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Download or read book Budget Support as More Effective Aid? written by Stefan Koeberle and published by World Bank Publications. This book was released on 2006-01-01 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Budget support has become an increasingly important instrument in the context of a partnership-based approach to development assistance. Compared to traditional modes of aid delivery, it promises greater country ownership, reduced transaction costs, better donor coordination, scaling up of poverty reduction and potentially greater development effectiveness. This book presents a timely and valuable review of key concepts, issues, experiences and emerging lessons relevant to budget support. It provides an overview of principal characteristics, expectations and concerns related to budget support, key design and implementation issues, as well as some practical experiences. The contributors include government representatives from developing countries, leading academic scholars, bilateral development agencies and development practitioners from international financial institutions, including the World Bank and the International Monetary Fund. They present a wide range of views on key issues such as the choice of instruments, alignment of budget support with country programs, predictability, and coordination and conditionality. The authors draw their insightful analysis on the contemporary research and evaluation work, as well as the broad practical experience with budget support. This book will be of great interest to practitioners in aid-recipient countries and international financial institutions, bilateral agencies and civil organizations involved in budget support."

Author : Mr. Tito Cordella
Publisher : International Monetary Fund
ISBN 13 : 145189712X
Total Pages : 33 pages
Book Rating : 4.28/5 ( download)

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Download or read book Budget Support Versus Project Aid written by Mr. Tito Cordella and published by International Monetary Fund. This book was released on 2003-04-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should donors who are interested in the effectiveness of developmental programs rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of the developmental expenditures can be subject to conditionality. We show that budget support is preferable to project aid when donors and recipients'' preferences are aligned, and when assistance is small relative to recipients'' resources. Then, we test our model estimating a modified growth model for a panel of developing countries, and find evidence in support of our predictions.

Author : Great Britain: National Audit Office
Publisher : The Stationery Office
ISBN 13 : 9780102951325
Total Pages : 80 pages
Book Rating : 4.22/5 ( download)

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Download or read book Providing budget support to developing countries written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2008-02-08 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Budget support is aid provided directly to a partner government's central exchequer, and aims to reduce poverty through helping to fund the poverty reduction strategy of the beneficiary country. DFID's use of budget support has risen to £461 million, representing nearly twenty per cent of bilateral expenditure. This study examines the aims of budget support, what it is achieving, how DFID manages the risks of using it and how DFID takes individual funding decisions. The report finds that budget support has: often enabled partner governments to increase expenditure on priority areas; resulted in partner governments providing more services, particularly in health and education; helped increase the capacity of partner governments to plan and deliver services effectively and to develop better poverty-focused policies; helped partner governments to strengthen their financial management systems and encouraged other donors to support such reforms; facilitated donor alignment to, and support for, the developing nation's own strategies; and reinforced existing economic stability and good economic management. But evidence on whether budget support has yielded better value for money than other forms of aid is not conclusive. While budget support has some advantages compared to other forms of aid, it also carries significant risks which need to be better managed. Monitoring achievement is challenging, and DFID does not always set out what it expects to achieve or by when. Formal monitoring frameworks do not always track progress in remedying weaknesses in financial systems. And monitoring of human rights - one of the key criteria for giving budget support - is not yet systematic. Weaknesses in available statistics continue to limit the ability to monitor results. Developing country governments may not be capable of using UK funds efficiently and effectively or may misuse them for political reasons or through corruption.

Author :
Publisher : World Bank Publications
ISBN 13 : 9780195211238
Total Pages : 164 pages
Book Rating : 4.35/5 ( download)

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Download or read book Assessing Aid written by and published by World Bank Publications. This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.

Author :
Publisher :
ISBN 13 :
Total Pages : 508 pages
Book Rating : 4.74/5 ( download)

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Download or read book Budget Support written by and published by . This book was released on 2006 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher :
ISBN 13 :
Total Pages : 508 pages
Book Rating : 4.01/5 ( download)

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Download or read book Budget Support ;recent Experiences and Emerging Lessons written by and published by . This book was released on 2006 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Timothy Besley
Publisher : Princeton University Press
ISBN 13 : 0691158150
Total Pages : 391 pages
Book Rating : 4.50/5 ( download)

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Download or read book Pillars of Prosperity written by Timothy Besley and published by Princeton University Press. This book was released on 2013-02-24 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: How nations can promote peace, prosperity, and stability through cohesive political institutions "Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters—places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes. To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.

Author : Shahrokh Fardoust
Publisher : Oxford University Press
ISBN 13 : 0192882198
Total Pages : 305 pages
Book Rating : 4.96/5 ( download)

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Download or read book Retooling Development Aid in the 21st Century written by Shahrokh Fardoust and published by Oxford University Press. This book was released on 2023-04-20 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aid instruments need to adjust to new challenges and priorities. Global pandemics, climate change, increased inequality, low economic growth, and conflict have made it increasingly difficult for developing countries to achieve the Sustainable Development Goals. Retooling Development Aid in the 21st Century: The Importance of Budget Support examines the critical role of budget support by both multilateral and bilateral aid agencies to address the 21st century's development goals of eliminating poverty and protecting our global commons. Timely and smartly designed budget support remains a powerful tool to help address the new reality developing countries face, providing fast disbursing finance in support of critical reforms. Set against the background of a dramatically changing international financial architecture, the volume examines how budget support has evolved from its controversial past, addresses the evidence on performance and debates over conditionality, and it reflects on unmet expectations from the 2005 Paris Declaration. With the global financial crisis, the Covid pandemic, and the spillovers from conflict and climate change, budget support re-emerged as a key financing instrument to support policy reforms and catalyze private capital. Drawing on the lessons of the last two decades, the volume proposes a retooling of budget support as a versatile instrument to address both essential global public goods and tackle country-specific development challenges.

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264035842
Total Pages : 86 pages
Book Rating : 4.43/5 ( download)

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Download or read book DAC Guidelines and Reference Series Harmonising Donor Practices for Effective Aid Delivery, Volume 2 Budget Support, Sector Wide Approaches and Capacity Development in Public Financial Management written by OECD and published by OECD Publishing. This book was released on 2006-04-10 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the first volume of good practices for effective aid delivery, this second volume focuses more specifically on good practice in providing budget support and support to sector-wide approaches.

Author : Organisation for Economic Co-operation and Development. Development Assistance Committee
Publisher : OECD
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.30/5 ( download)

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Download or read book DAC Guidelines and Reference Series Harmonising Donor Practices for Effective Aid Delivery, Volume 2 written by Organisation for Economic Co-operation and Development. Development Assistance Committee and published by OECD. This book was released on 2003 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international community is committed to helping partner countries meet the Millennium Development Goal of halving global poverty by 2015. Effective use of scarce official development assistance is one important contribution to this end. This is why the development community, under the auspices of the OECD Development Assistance Committee (DAC), is dedicated to implementing improvements in aid practices that deliver more effective and harmonised support to the efforts of partner countries. The good practices presented here have been designed to respond to this concern. They represent a set of practical steps that – if applied by development agencies – should significantly improve the effectiveness of development assistance. Following the first volume of good practices published in 2003, this second volume focuses more specifically on good practice in providing budget support (Chapter 2) and support to sector-wide approaches (Chapter 3). In doing so, it acknowledges the special relevance of public financial management issues for both of these modalities of aid delivery. This is why the last chapter of this volume (Chapter 4) is devoted to setting out good practice in providing support to capacity development for public financial management. The chapters are complemented by a substantive annex that outlines a proposed approach to supporting improved public financial management performance. In the same collection: Volume 1: Harmonising Donor Practices for Effective Aid Delivery Volume 2: Harmonising Donor Practices for Effective Aid Delivery: Budget Support, Sector Wide Approaches and Capacity Development in Public Financial Management Volume 3: Harmonising Donor Practices for Effective Aid Delivery: Strengthening Procurement Capacities in Developing Countries The first volume in this collection on Harmonising Donor Practices for Effective Aid Delivery (ISBN 9264199829) was published in May 2003 without a volume number. Its success was such that a short collection of books (of which this is Volume 2) has been created.