Description: How Does Knowledge on Public Expenditures Integrate with the Design of Development Policy Operations?

How Does Knowledge on Public Expenditures Integrate with the Design of Development Policy Operations?

Integration of knowledge with lending is an enduring theme in World Bank strategies at the corporate and country levels. It rests on the widely shared proposition that Bank lending instruments could be more relevant and produce better results if th...

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Bibliographic Details
Main Author:	Independent Evaluation Group
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	POLICY REFORM BUDGET CYCLE EXPENDITURE CLASSIFICATION GOVERNMENT EXPENDITURES POLICY REFORMS SAL CITY FINANCIAL MANAGEMENT PUBLIC FINANCING MACROECONOMIC MANAGEMENT POLICY FRAMEWORK MEDIUM-TERM EXPENDITURE PUBLIC INVESTMENTS PUBLIC EXPENDITURE REFORM PUBLIC SECTOR LOCAL GOVERNMENTS MACROECONOMIC POLICY RESOURCE ALLOCATION SERVICES POLICY RECOMMENDATIONS INFRASTRUCTURE DEVELOPMENT REVENUES FISCAL POLICY POLICY REPORT TAX FISCAL FEDERALISM EXPENDITURES ON EDUCATION PUBLIC FINANCIAL MANAGEMENT MEDIUM-TERM EXPENDITURE FRAMEWORK SUBNATIONAL FISCAL CRISIS MEDIUM-TERM EXPENDITURE FRAMEWORKS MINISTRY POLICY PRIORITIES SECAL SUB-NATIONAL FINANCE EXPENDITURE FRAMEWORK SUBNATIONAL REFORM CAPITAL FORMATION PUBLIC FINANCE MANAGEMENT DISTRICT BUDGET EXECUTION EXPENDITURE REFORM TRANSFERS EXPENDITURE ANALYSIS PUBLIC FINANCE CENTRAL GOVERNMENTS EXPENDITURE MANAGEMENT EXPENDITURE EFFICIENCY STRUCTURAL REFORMS PUBLIC DEBT MANAGEMENT POLICY IMPLEMENTATION DISTRICT LEVEL PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURE WORK EXPENDITURE POLICIES ALLOCATION OF RESOURCES TAX POLICIES INFRASTRUCTURE EXPENDITURE WORK PUBLIC INVESTMENT TAXES TAX REFORMS EXPENDITURE SUB-NATIONAL EQUITY SUBNATIONAL EXPENDITURE ELECTRICITY SUBSIDIES FISCAL FRAMEWORK BUDGET PROCESS PUBLIC EXPENDITURE PROVINCE REVENUE POLICY PUBLIC EXPENDITURES PROVINCIAL EXPENDITURES EXPENDITURES EXPENDITURE POLICY NET DEBT EXPENDITURE TRACKING STATE BUDGET PUBLIC DEBT STATE ELECTRICITY FISCAL SUSTAINABILITY ELECTRICITY PRICES FISCAL ADJUSTMENT FISCAL SPACE POLICY ACTIONS PUBLIC EXPENDITURE MANAGEMENT MINISTRY OF FINANCE FISCAL MANAGEMENT PUBLIC ENTERPRISE EXPENDITURE ALLOCATIONS POVERTY SUBNATIONAL GOVERNMENTS PERFORMANCE ASSESSMENT SECTOR EXPENDITURES FEDERALISM DECENTRALIZATION EXPENDITURE COMPOSITION REVENUE TAX POLICY INEFFICIENCIES PUBLIC SECTOR EXPENDITURE CAPITAL EXPENDITURES TAX REFORM POVERTY ASSESSMENT FISCAL DISCIPLINE PUBLIC DOMAIN PUBLIC SPENDING POLICY ANALYSIS DISTRICTS POLICY CHANGES INTERGOVERNMENTAL FISCAL RELATIONS
Online Access:	http://documents.worldbank.org/curated/en/2015/06/24647096/knowledge-public-expenditures-integrate-design-development-policy-operations http://hdl.handle.net/10986/22053

Description
Summary:	Integration of knowledge with lending is an enduring theme in World Bank strategies at the corporate and country levels. It rests on the widely shared proposition that Bank lending instruments could be more relevant and produce better results if they incorporate key analytical, country level knowledge. To be successful, development interventions must be informed by evidence, and evidence comes from knowledge. This is the idea behind Bank as a ‘solutions bank,’ integrating financial instruments and knowledge products into ‘development solutions’ that deliver results. A recent Independent Evaluation Group (IEG) evaluation suggests that the Bank’s broad economic and sector work and technical assistance strongly inform Bank lending strategies (IEG 2008). PERs, for the purpose of this learning product, are identified as Bank knowledge products with a specific reference in their titles as Public Expenditure Review, whether they are multi-sector or single sector public expenditure reviews. They also include other analytical documents which deal with public expenditure issues, be they public finance reviews, studies of specific expenditure and debt issues, and even Country Economic Memoranda (CEMs) with a special focus on public expenditures. This broad definition should capture much (though not all) of the public expenditure-related analytical work at the Bank. Arguably, efficiency and allocation issues important in the design of DPOs and the reforms they support can only be addressed by such integrative, not partial or silo-type knowledge of specific subsector expenditures (e.g., tertiary education expenditure review).

How Does Knowledge on Public Expenditures Integrate with the Design of Development Policy Operations?

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