Balancing Control and Flexibility in Public Expenditure Management Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery
The control protocols that underlie public expenditure management have direct implications for a government's ability to pursue fiscal discipline and service delivery objectives. The literature recognizes the inherent challenge in balancing control with flexibility and that these two objectives...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2019
|
| Schriftenreihe: | World Bank E-Library Archive
|
| Online-Zugang: | kostenfrei |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV048274500 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220609s2019 xx o|||| 00||| eng d | ||
| 024 | 7 | |a 10.1596/1813-9450-9029 |2 doi | |
| 035 | |a (ZDB-1-WBA)NLM011154225 | ||
| 035 | |a (OCoLC)1334043669 | ||
| 035 | |a (DE-599)GBVNLM011154225 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 |a DE-19 |a DE-355 |a DE-703 |a DE-91 |a DE-706 |a DE-29 |a DE-M347 |a DE-473 |a DE-824 |a DE-20 |a DE-739 |a DE-1043 |a DE-863 |a DE-862 | ||
| 100 | 1 | |a Piatti-Funfkirchen, Moritz |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Balancing Control and Flexibility in Public Expenditure Management |b Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery |c Piatti-Funfkirchen, Moritz |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2019 | |
| 300 | |a 1 Online-Ressource (21 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a World Bank E-Library Archive | |
| 520 | |a The control protocols that underlie public expenditure management have direct implications for a government's ability to pursue fiscal discipline and service delivery objectives. The literature recognizes the inherent challenge in balancing control with flexibility and that these two objectives are often in conflict with one another. This paper argues that applying a universal set of expenditure controls across all transactions naturally cannot meet both of these objectives. One the one hand, a regime with universal, tight ex ante commitment controls lends itself to prudent fiscal management but constrains the ability of service providers to react adequately to rapidly changing needs. On the other hand, loosening controls equally for all transactions would introduce fiscal risks. To overcome this conundrum, the paper argues for a paradigm shift: a purposeful policy shift that subjects high-value transactions to the full set of rigorous controls, while relaxing controls for low-value transactions that apply to important aspects of the service delivery sectors. Such controls could be built into the financial management information systems that facilitate transactions and institute these controls. However, the evidence suggests that these systems are frequently not deployed to their full potential. Flexibility is inadvertently inhibited where it is necessary without providing the controls for transactions that constitute a fiscal risk. Recognizing this problem, the paper develops a two-pronged, risk-based deployment strategy for financial management information systems: (1) deploy such systems to high-value transactions, and (2) use banking sector innovations for advance payments, such as smart cards or mobile money, to facilitate flexibility for low-value transactions without compromising the integrity of transactions or accountability | ||
| 700 | 1 | |a Farooq, Khuram |4 oth | |
| 700 | 1 | |a Hashim, Ali |4 oth | |
| 700 | 1 | |a Piatti-Funfkirchen, Moritz |4 oth | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Piatti-Funfkirchen, Moritz |t Balancing Control and Flexibility in Public Expenditure Management: Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery |d Washington, D.C : The World Bank |
| 856 | 4 | 0 | |u https://doi.org/10.1596/1813-9450-9029 |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033654695 | |
Datensatz im Suchindex
| _version_ | 1820863980171689984 |
|---|---|
| any_adam_object | |
| author | Piatti-Funfkirchen, Moritz |
| author_facet | Piatti-Funfkirchen, Moritz |
| author_role | aut |
| author_sort | Piatti-Funfkirchen, Moritz |
| author_variant | m p f mpf |
| building | Verbundindex |
| bvnumber | BV048274500 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)NLM011154225 (OCoLC)1334043669 (DE-599)GBVNLM011154225 |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1596/1813-9450-9029 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03500nam a2200361zc 4500</leader><controlfield tag="001">BV048274500</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220609s2019 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/1813-9450-9029</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)NLM011154225</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1334043669</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM011154225</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Piatti-Funfkirchen, Moritz</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Balancing Control and Flexibility in Public Expenditure Management</subfield><subfield code="b">Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery</subfield><subfield code="c">Piatti-Funfkirchen, Moritz</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2019</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (21 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">World Bank E-Library Archive</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The control protocols that underlie public expenditure management have direct implications for a government's ability to pursue fiscal discipline and service delivery objectives. The literature recognizes the inherent challenge in balancing control with flexibility and that these two objectives are often in conflict with one another. This paper argues that applying a universal set of expenditure controls across all transactions naturally cannot meet both of these objectives. One the one hand, a regime with universal, tight ex ante commitment controls lends itself to prudent fiscal management but constrains the ability of service providers to react adequately to rapidly changing needs. On the other hand, loosening controls equally for all transactions would introduce fiscal risks. To overcome this conundrum, the paper argues for a paradigm shift: a purposeful policy shift that subjects high-value transactions to the full set of rigorous controls, while relaxing controls for low-value transactions that apply to important aspects of the service delivery sectors. Such controls could be built into the financial management information systems that facilitate transactions and institute these controls. However, the evidence suggests that these systems are frequently not deployed to their full potential. Flexibility is inadvertently inhibited where it is necessary without providing the controls for transactions that constitute a fiscal risk. Recognizing this problem, the paper develops a two-pronged, risk-based deployment strategy for financial management information systems: (1) deploy such systems to high-value transactions, and (2) use banking sector innovations for advance payments, such as smart cards or mobile money, to facilitate flexibility for low-value transactions without compromising the integrity of transactions or accountability</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Farooq, Khuram</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Hashim, Ali</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Piatti-Funfkirchen, Moritz</subfield><subfield code="4">oth</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="a">Piatti-Funfkirchen, Moritz</subfield><subfield code="t">Balancing Control and Flexibility in Public Expenditure Management: Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery</subfield><subfield code="d">Washington, D.C : The World Bank</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1596/1813-9450-9029</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033654695</subfield></datafield></record></collection> |
| id | DE-604.BV048274500 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-24T09:24:00Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033654695 |
| oclc_num | 1334043669 |
| open_access_boolean | 1 |
| owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| physical | 1 Online-Ressource (21 Seiten) |
| psigel | ZDB-1-WBA |
| publishDate | 2019 |
| publishDateSearch | 2019 |
| publishDateSort | 2019 |
| publisher | The World Bank |
| record_format | marc |
| series2 | World Bank E-Library Archive |
| spellingShingle | Piatti-Funfkirchen, Moritz Balancing Control and Flexibility in Public Expenditure Management Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery |
| title | Balancing Control and Flexibility in Public Expenditure Management Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery |
| title_auth | Balancing Control and Flexibility in Public Expenditure Management Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery |
| title_exact_search | Balancing Control and Flexibility in Public Expenditure Management Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery |
| title_full | Balancing Control and Flexibility in Public Expenditure Management Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery Piatti-Funfkirchen, Moritz |
| title_fullStr | Balancing Control and Flexibility in Public Expenditure Management Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery Piatti-Funfkirchen, Moritz |
| title_full_unstemmed | Balancing Control and Flexibility in Public Expenditure Management Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery Piatti-Funfkirchen, Moritz |
| title_short | Balancing Control and Flexibility in Public Expenditure Management |
| title_sort | balancing control and flexibility in public expenditure management using banking sector innovations for improved expenditure control and effective service delivery |
| title_sub | Using Banking Sector Innovations for Improved Expenditure Control and Effective Service Delivery |
| url | https://doi.org/10.1596/1813-9450-9029 |
| work_keys_str_mv | AT piattifunfkirchenmoritz balancingcontrolandflexibilityinpublicexpendituremanagementusingbankingsectorinnovationsforimprovedexpenditurecontrolandeffectiveservicedelivery AT farooqkhuram balancingcontrolandflexibilityinpublicexpendituremanagementusingbankingsectorinnovationsforimprovedexpenditurecontrolandeffectiveservicedelivery AT hashimali balancingcontrolandflexibilityinpublicexpendituremanagementusingbankingsectorinnovationsforimprovedexpenditurecontrolandeffectiveservicedelivery |