Arbeitspapier

Public finance, aid, and post-conflict recovery

In the wake of violent conflict, a key element of building a durable peace is building a state with the ability to collect and manage public resources. To implement peace accords and provide public services, the government must be able to collect revenue, allocate resources, and manage expenditure in a manner that is regarded by its citizens as effective and equitable. This paper addresses eight key issues related to this challenge. The first four pertain to resource mobilization: (i) How should distributional impacts enter into revenue policies? (ii) How can postwar external assistance do more to prime the pump of domestic revenue capacity? (iii) Should macroeconomic strictures prescribed for economic stabilization be relaxed to foster political stabilization? (iv) How should the benefits of external resources be weighed against their costs? The second four issues relate to the expenditure side of public finance: (i) How should the dynamics of conflict be factored into public spending policies? (ii) Can the pathologies of a 'dual public sector' one funded and managed by the government, the other by the aid donors be surmounted by channeling external resources through the government, with dual-control oversight mechanisms to reduce corruption? (iii) How should long-term fiscal sustainability enter into short-term expenditure decisions? (iv) Lastly, is there scope for more innovative solutions to postwar legacies of external debts?

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 2007-09

Klassifikation
Wirtschaft
Policy Objectives; Policy Designs and Consistency; Policy Coordination
Fiscal Policy
Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
Foreign Aid
International Conflicts; Negotiations; Sanctions
International Agreements and Observance; International Organizations
Taxation, Subsidies, and Revenue: General
Taxation and Subsidies: Incidence
National Government Expenditures and Related Policies: General
Thema
peacebuilding
revenue mobilization
external assistance
foreign aid
post-conflict transitions
public expenditure
horizontal equity
odious debt

Ereignis
Geistige Schöpfung
(wer)
Boyce, James K.
Ereignis
Veröffentlichung
(wer)
University of Massachusetts, Department of Economics
(wo)
Amherst, MA
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Boyce, James K.
  • University of Massachusetts, Department of Economics

Entstanden

  • 2007

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