On the Design and Effectiveness of Targeted Expenditure Programs

Ehtisham Ahmad and Leonardo Martinez

No 2004/220, IMF Working Papers from International Monetary Fund

Abstract: This paper argues that both horizontal and intertemporal competition among recipient governments are needed in order to ensure incentives for effective utilization of targeted transfers. This has implications for budgeting frameworks and the types of information needed that might be amenable to formal contracting between the levels of government.

Keywords: WP; central government; fund; local government; program; targeted expenditure program (search for similar items in EconPapers)
Pages: 14
Date: 2004-11-01
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Citations: View citations in EconPapers (3)

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