On the Design and Effectiveness of Targeted Expenditure Programs

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On the Design and Effectiveness of Targeted Expenditure Programs
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Volume/Issue:
2004/220
Series:
IMF Working Papers
Author(s):
Ehtisham Ahmad, and Leonardo Martinez
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
November 2004
DOI:
http://dx.doi.org/10.5089/9781451875232.001
ISBN:
9781451875232
ISSN:
1018-5941
Page:
14
This paper argues that both horizontal and intertemporal competition among recipient governments are needed in order to ensure incentives for effective utilization of targeted transfers. This has implications for budgeting frameworks and the types of information needed that might be amenable to formal contracting between the levels of government.
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