The Challenge of Reforming Budgetary Institutions in Developing Countries /

The paper notes that the development of sound budgetary institutions in countries such as France, the U.K. and the U.S. has taken a very long time?200 years or more?and is still evolving. It discusses Douglass North's prediction?which is supported by available data?that institutional reform is...

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Bibliographic Details
Main Author: Allen, Richard
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/096
Online Access:Full text available on IMF