The Micro Basis of Budget System Reform The Case of Transitional Economies

32 Pages Posted: 15 Feb 2006

See all articles by Jack Diamond

Jack Diamond

International Monetary Fund (IMF) - Fiscal Affairs Department

Date Written: June 2002

Abstract

In reviewing the means to strengthen public expenditure management (PEM) systems, there has been increased emphasis on the micro basis of broader budget system reforms, especially reforms of the internal financial management systems in government agencies. Specifically in transition economies, there has been increasing recognition that OECD-type budget systems need to be broadly based on a firm platform of financial management in government institutions. At the same time, many transitional countries have generally acknowledged that this aspect of their PEM systems is problematic and needs to be rectified; hence, international agencies have been actively promoting reforms in these areas. In particular, three areas have been emphasized: human resource management, procurement, and internal audit. This paper explores the problems faced by transitional economies in each of these areas and reviews the generally recommended solutions to these problems.

Keywords: Budget reform government procurement human resource management internal controls

JEL Classification: E6 D7 P2

Suggested Citation

Diamond, Jack, The Micro Basis of Budget System Reform The Case of Transitional Economies (June 2002). IMF Working Paper, Vol. , pp. 1-32, 2002. Available at SSRN: https://ssrn.com/abstract=879680

Jack Diamond (Contact Author)

International Monetary Fund (IMF) - Fiscal Affairs Department ( email )

700 19th Street, NW
Washington, DC 20431
United States

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