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A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries

A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries »

Volume/Issue: 2006/204

Series: IMF Working Papers

Author(s): Luc Leruth , and Elisabeth Paul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2006

DOI: http://dx.doi.org/10.5089/9781451864649.001

ISBN: 9781451864649

Keywords: principal-agent theory, probability, expenditure, public expenditure, expenditure management,

A 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...

A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries

A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries »

Source: A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries

Volume/Issue: 2006/204

Series: IMF Working Papers

Author(s): Luc Leruth , and Elisabeth Paul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2006

ISBN: 9781451864649

Keywords: principal-agent theory, probability, expenditure, public expenditure, expenditure management,

A 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...