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On the Design and Effectiveness of Targeted Expenditure Programs
Author:
Mr. Ehtisham Ahmad
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Mr. Leonardo Martinez
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Series:
IMF Working Papers
Volume/Issue:
Volume 2004: Issue 220
Language:
English
Publication Date:
01 Nov 2004
DOI:
https://doi.org/10.5089/9781451875232.001
ISBN:
9781451875232
ISSN:
1018-5941
Pages:
14
Keywords:
WP; central government; fund; local government; program; targeted expenditure program
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund