Reforming public financial management when the politics aren't right: A proposal - ODI Opinions 89 - Articles and blogs

‘Identifying the conditions that favour successful PFM reform is a good start, but we need to understand the possibilities when not all of these conditions are present.’ Following more than a decade of intensive activity, the debate on public financial management (PFM) reform in developing and transition countries seems settled. The main elements of technical good practice are clear and the critical importance of political factors is broadly accepted. In general terms, we think we know what works, what doesn’t and why.