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There is no magic formula for balancing fiscal policy and economic performance. As a scholar and policy advisor, Vito Tanzi has made a major contribution to ide
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The first two decades of the twenty-first century have witnessed an influx of innovations and reforms in public financial management. The current wave of reform
Government Finance Statistics Manual 2014
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The 2007–09 international financial crisis underscored the importance of reliable and timely statistics on the general government and public sectors. Governme
PEFA, Public Financial Management, and Good Governance
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This project, based on the Public Expenditure and Financial Accountability (PEFA) data set, researched how PEFA can be used to shape policy development in publi
The New Dynamic Public Finance
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Optimal tax design attempts to resolve a well-known trade-off: namely, that high taxes are bad insofar as they discourage people from working, but good to the d