What government would not want to allocate resources in a way that fosters transparency, and accountability? This is the promise of performance budgeting, a reform that is being widely adopted but has had generally disappointing results. Read this blog post to find out more: http://wrld.bg/Vz76308AEP3
Toward next-generation performance budgeting
Photo © Dominic Chavez/World Bank Performance budgeting (PB) has a deep and enduring appeal. What government would not want to allocate resources in a way that fosters efficiency, effectiveness, transparency, and accountability? However, such aspirations have proven poor predictors of how performanc…