Paper

Budget Credibility Across Countries: How Deviations are Affecting Spending on Social Priorities

September 2019 | By Paolo de Renzio, Jason Lakin, and Chloe Cho, International Budget Partnership

As countries increasingly focus on meeting the Sustainable Development Goals (SDGs), attention is often focused on the financing gap governments face in meeting their commitments. Not enough questions are being asked about governments’ capacity to effectively manage and spend the resources that they already have – or say they have. In this paper, we use a recent dataset to look at how “credible” government budgets are across the world – by “credible” we mean the extent to which actual spending matches the approved budget – and, at how spending in specific areas of government intervention is affected.

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Budget Credibility Across Countries: How Deviations are Affecting Spending on Social Priorities (September 2019)

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Paolo de Renzio

Senior Research Fellow, International Budget Partnership

Paolo de Renzio joined the International Budget Partnership in October 2010 as Senior Research Fellow and is based in Rio de Janeiro, Brazil. His research agenda covers a broad range of topics, including budget transparency and accountability, equity and justice in budgeting, taxation and tax expenditures, among others. He also supports the team producing the Open Budget Survey. Prior to joining the IBP, Paolo worked as a Research Fellow at the Overseas Development Institute; as an economist and policy advisor in Papua New Guinea’s Ministry of Finance; and as a UNDP public sector specialist, lecturer, and independent consultant in Mozambique. He has been a consultant for the World Bank, the Organization for Economic Cooperation and Development, the European Commission, and for a number of bilateral donor agencies and international NGOs. Paolo holds a PhD in International Relations from the University of Oxford, where his research focused on the impact of donor policies on budget reforms in developing countries. He also holds an MSc in Development Studies from the London School of Economics and a Bachelor’s degree in Economics from ‘Bocconi’ in Milan, Italy.

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