A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries /
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 PEM systems in developing countries using an analytical framework based on principal-a...
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| Format: | Tidsskrift |
| Sprog: | English |
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Washington, D.C. :
International Monetary Fund,
2006.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2006/204 |
| Online adgang: | Full text available on IMF |