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Who Cares About Development Risk?

A general view appears to be that development and fiduciary risks are “two sides of the same coin and cannot be usefully be separated”. This Development Practice Note argues that they are different, and that…

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The Consequences of Donor-Induced Fragmentation

Donor-induced fragmentation of public financial management systems reduces reputation risk, but it unambiguously increases development risk – the longer-term risk of not achieving development objectives. This Development Practice Note proposes a four-part solution for dealing…

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What Determines the Quality of Public Finance Systems?

Why do some ministries of finance around the world consistently deliver good results, while others cannot make much progress? This Development Practice Note looks at the three most common answers to that question, and explains…

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What is Team-Based Performance Management and How Does it Work?

When a government adopts a team-based performance management approach, it sends the powerful message that the state values institutional culture as the primary determinant of performance. This Development Practice Note explains how a team-based approach…

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