Summarizing the results of an internal evaluation of IMF-sourced technical assistance, Setting Up Treasuries in the Baltics, Russia, and Other Countries of the Former Soviet Union assesses the costs of the inputs, outputs, and efficiency with which technical assistance was delivered, and the effectiveness of the IMF’s technical assistance program in building treasuries. The study also considers the factors that influence the relative efficiency, effectiveness, and impact of the technical assistance program in each of the countries. The paper concludes that the basic goal of building treasuries has largely been met in these countries, although the existing treasuries are at different stages of development.

Setting Up Treasuries in the Baltics, Russia, and Other Countries of the Former Soviet Union: An Assessment of Imf Technical Assistance (Occasional Paper (International Monetary Fund))

Business & Money

Potter, Barry H.

Diamond, Jack

Economics

Intl Monetary Fund

<p>With increasing frequency, the IMF has assisted middle-income countries, especially emerging economies, in adopting the types of budget reforms that have been introduced in many Organization for Economic Cooperation and Development (OECD) countries - reforms that emphasize performance and results achieved from the use of public resources. This paper examines the experience of OECD countries in introducing such reforms and assesses whether the same reform strategy be applied to non-OECD countries. It examines how emerging economies should begin such reforms, and how they should be sequenced thereafter. Based on a thorough review of the technical assistance provided by the IMF's Fiscal Affairs Department (FAD) to middle-income countries, this paper will be useful to policymakers and administrators in emerging economies who are contemplating such reforms.</p>

Budget System Reform in Emerging Economies the Challenges And the Reform Agenda

Inter-Amer Development Bank

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