Strengthening Domestic Resource Mobilization: Moving from Theory to Practice in Low- and Middle-Income Countries

by Raul Felix Junquera-Varela, Marijn Verhoeven, Gangadhar P. Shukla et al.
International Bank for Reconstruction and Development / The World Bank, 2017

147 pp. 2.4 MB
http://documents.worldbank.org/curated/en/970941498201633115/pdf/116658-PUB-
Date-6-16-2017-PUBLIC.pdf

The document analyzes the present status of government revenues and presents policy and administrative options relevant to these settings. The authors call for a joint consideration of tax and expenditure policy to enhance the likelihood of success in ensuring revenue sufficiency for sustained economic and social development. Public spending plays a key role in the economic growth and development in low- and middle-income countries. When revenue and expenditure reforms are embedded in broader public financial management reforms, domestic resource mobilization becomes a development tool to support sustainable, inclusive development. The role of subnational governments in revenue mobilization and service delivery expenditure must also be included in the revenue mobilization agenda.

(Visited 9 times, 1 visits today)
This entry was posted in Development Assistance, General, Social Protection, Sustainable Development Goals. Bookmark the permalink.