LEADER 02973nam  2200601Ia 450 
001 9910826875903321
005 20200520144314.0
010   $a1-4623-8814-0
010   $a1-4519-8834-6
010   $a1-283-51214-9
010   $a1-4519-9323-4
010   $a9786613824592
035   $a(CKB)3360000000443453
035   $a(EBL)3014564
035   $a(SSID)ssj0000940026
035   $a(PQKBManifestationID)11502263
035   $a(PQKBTitleCode)TC0000940026
035   $a(PQKBWorkID)10948639
035   $a(PQKB)10784955
035   $a(OCoLC)694141282
035   $a(IMF)WPIEE2006204
035   $a(MiAaPQ)EBC3014564
035   $a(EXLCZ)993360000000443453
100   $a20060622d2006      uf         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 12$aA principal-agent theory approach to public expenditure management systems in developing countries /$fprepared by Luc Leruth and Elisabeth Paul
205   $a1st ed.
210   $a[Washington, D.C.] $cInternational Monetary Fund$d2006
215   $a1 online resource (45 p.)
225 1 $aIMF working paper ;$vWP/06/204
300   $a"September 2006."
311   $a1-4518-6464-7 
320   $aIncludes bibliographical references.
327   $a""Contents""; ""I. INTRODUCTION""; ""II. INTERPRETATION OF PEM UNDER THE PRINCIPAL-AGENT THEORY""; ""III. THE BASIC MODEL ""; ""IV. EX POST AUDITS""; ""V. EX ANTE CONTROLS""; ""VI. CONCLUSION""; ""REFERENCES""
330 3 $aA well-functioning public expenditure management (PEM) system is considered a critical pillar of government efficiency, on par with a low-distortion tax system and efficient tax administration. The paper discusses PEM systems in developing countries using an analytical framework based on principal-agent theory. This simple model can be applied to various PEM systems, and allows for comparisons between institutional settings. To illustrate this, we analyze the benefits derived from the use by the Ministry of Finance (MoF) of two control instruments; ex post audits and ex ante controls, and assess their value in terms of their ability to deter cheating. We derive a set of possible "control regimes" which can be used by the MoF. Although we illustrate the use of the model using developing countries, it is also relevant to developed economies.
410  0$aIMF working paper ;$vWP/06/204.
606   $aGovernment spending policy$xManagement$zDeveloping countries
606   $aExpenditures, Public$zDeveloping countries
615  0$aGovernment spending policy$xManagement
615  0$aExpenditures, Public
700   $aLeruth$b Luc$0608957
701   $aPaul$b Elisabeth$0907258
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910826875903321
996   $aA Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries$94077608
997   $aUNINA