Panel 73: Public Financial Management in African Countries
Panel organisers: Stephan Klingebiel (KfW Development Bank/German Development Institute, Germany) and Stefan Leiderer (German Development Institute, Germany)
Contact: Stephan.Klingebiel@kfw.de
| Public Financial Management (PFM) is crucial in several regards for African countries. Viable PFM systems are important in order to make sure that the state can perform its key functions. Key dimensions of PFM include: - The capacity to perform any kind of (sector) policy - The capacity to generate domestic resources in order to implement policies / taxation - The capacity to link budgets and policies - The needed trust to get the necessary international reputation and support (for commercial loans, for official development aid etc.) - PFM as an element of (political) governance (transparency, accountability systems etc.) - The analytical capacity for key actors of a country to perform (parliament, auditor general, government etc.) - PFM on central state and subnational level / PFM and its relation to (fiscal) decentralisation The panel is going to discuss these key dimensions of PFM. The application of political economy analytical approaches in the context of research on PFM issues might be an important approach. Country case studies, development economic research on PFM, research on donor behaviour in this field and other approaches can contribute as well to the panel. |