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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Bibliografiska uppgifter
Huvudupphovsman: Leruth, Luc
Övriga upphovsmän: Paul, Elisabeth
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2006.
Serie:IMF Working Papers; Working Paper ; No. 2006/204
Länkar:Full text available on IMF