Public Finance

This paper addresses the determinants of public expenditure policies, by reviewing theories and empirical investigations of what features explain the budget process and how the various attributes of actors—including politicians, bureaucrats, interest groups, and donors—and of institutions and political and economic governance environments affect the prioritization of public investments. It draws conclusions with regard to the determinants of agricultural public investments.

The Regional Strategic Analysis and Knowledge Support System (ReSAKSS) is an Africa-wide network of regional nodes supporting the Common Market of Eastern and Southern Africa (COMESA), the Economic Community of West African States (ECOWAS) and the Southern African Development Community (SADC), in collaboration with the International Food Policy Research Institute (IFPRI) and the Africa-based centers of the Consultative Group on International Agricultural Research (CGIAR), to facilitate the implement

Whereas there is plenty of work looking at macroeconomic effect of public spending on growth and poverty in Africa as well as studies of the impact of spending or investment in one economic sector on outcomes in that sector or on broader welfare measures, this book fills a much needed gap in the research looking how the composition of public spending affects key development outcomes in the region.

Congo faces a unique opportunity to meet its objective of reducing poverty and enhancing social outcomes by diversifying and expanding its economy.  It reached the HIPC (Heavily Indebted Poor Countries) completion point in January, 2010, opening new perspectives for management of its public sector.  The country has been receiving and will continue to receive large volumes of oil revenues over the coming years.  With the adoption of the Poverty Reduction Strategy Paper (PRSP) in 2008, Congo has a solid and credible development strategy to guide allo