DESIGNING FINANCE LAWS IN CONTEXTS OF FRAGILITY: A Comparative Institutional Analysis of Sahelian States

CONCEVOIR LA LOI DE FINANCES EN CONTEXTE DE FRAGILITE: Une analyse institutionnelle comparative des États sahéliens

Fakaba Sissoko Etienne and Khalid Dembele ()
Additional contact information
Fakaba Sissoko Etienne: Université des sciences sociales et de gestion de Bamako - USSGB - Université des sciences sociales et de gestion de Bamako, CRAPES MALI - Centre de Recherche et d'Analyses Politiques, Economiques et Sociales du Mali
Khalid Dembele: CRAPES MALI - Centre de Recherche et d'Analyses Politiques, Economiques et Sociales du Mali, Université des sciences sociales et de gestion de Bamako - USSGB - Université des sciences sociales et de gestion de Bamako

Post-Print from HAL

Abstract: In fragile states, finance laws continue to be assessed primarily through macro-fiscal aggregates, even though binding constraints stem from institutional design, treasury governance, and state legitimacy. This article develops a comparative institutional analysis of Sahelian finance laws in order to assess the analytical portability of the Resilient Finance Law (RFL) framework. Drawing on qualitative coding of initial finance laws and their budgetary annexes, the study identifies three recurrent institutional invariants: a structural disconnect between budget authorization and treasury governance, the systemic erosion of vital state functions, and the institutional prioritization of political sovereignty expenditures. These invariants underpin an institutional typology distinguishing survival-oriented budgets, stabilization-oriented budgets, and structurally blocked transformation budgets. The article demonstrates that budgetary fragility largely derives from the institutional design of finance laws themselves, beyond exogenous shocks and observed macroeconomic performance.

Keywords: Sahel.; trésorerie publique; analyse institutionnelle; fragilité étatique; loi de finances (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Published in Revue Française d'Economie et de Gestion , 2026, 7 (2), pp.651- 674. ⟨10.5281/zenodo.18619750⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05513756

DOI: 10.5281/zenodo.18619750

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().