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public financial management reform

Political economy drivers of PFM reforms: a systematic look at what we all know somehow

Verena Fritz's picture

Over the past two decades, almost every developing country has adopted some form of public finance management (PFM) reform plan, with many currently pursuing second or third generation plans. Over the same period, development partners have provided substantial support – a total of over $20 billion since 2002. However, some countries have seen strong progress, while others have seen little, or have even experienced backsliding (see Graph 1 a and b).