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On the Design and Effectiveness of Targeted Expenditure Programs [electronic resource] / Ehtisham Ahmad.

By: Ahmad, Ehtisham.
Contributor(s): Martinez, Leonardo.
Material type: materialTypeLabelBookSeries: IMF Working Papers; Working Paper: No. 04/220Publisher: Washington, D.C. : International Monetary Fund, 2004Description: 1 online resource (14 p.).ISBN: 1451875231 :.ISSN: 1018-5941.Subject(s): Fiscal Federalism | Intergovernmental Relations | Local Government officials | Local Government | Local Governments | Special Purpose Transfers | China, People's Republic ofAdditional physical formats: Print Version:: On the Design and Effectiveness of Targeted Expenditure ProgramsOnline resources: IMF e-Library | IMF Book Store 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.
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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.

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