Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 3. Montenegro
This Public Expenditure and Institutional Review (PEIR) aims to help the government of the Federal Republic of Yugoslavia (FRY) in taking their public expenditure reforms further. It analyzes public expenditure practices, and institutions of the tw...
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| Format: | Public Expenditure Review |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/02/2210546/serbia-montenegro-public-expenditure-institutional-review-vol-3-3-montenegro http://hdl.handle.net/10986/14770 |
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okr-10986-14770 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTABILITY ANTI-CORRUPTION ANTI-CORRUPTION STRATEGY AUDITING BANK RESTRUCTURING BANK SUPERVISION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEDURES BUDGET DEFICIT BUDGET FORMULATION BUDGET MANAGEMENT BUDGET SYSTEM CENTRAL BANK FUNCTIONS CENTRAL GOVERNMENT CENTRAL GOVERNMENT SPENDING CITIZENS CIVIL SERVICE COMMERCIAL BANKS CREDITWORTHINESS DEBT FINANCING DEBT SERVICE DEFAULT RISK DEPOSITS DOMESTIC BORROWING EBF ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC SHOCKS ELECTRICITY ENTERPRISE RESTRUCTURING EVASION EXECUTION EXPENDITURE REFORM FEDERAL GOVERNMENT FINANCIAL ACCOUNTABILITY FINANCIAL ASSISTANCE FINANCIAL BENEFITS FINANCIAL DISCIPLINE FINANCIAL INTERMEDIATION FINANCIAL MANAGEMENT FINANCIAL REPORTING FINANCIAL RESTRUCTURING FINANCIAL SECTOR FINANCIAL SECTORS FISCAL FISCAL CONTROL FISCAL DEFICIT FISCAL DEFICITS FISCAL GAP FISCAL GAPS FISCAL POLICIES FISCAL PROBLEMS FISCAL REFORM FISCAL STANCE FISCAL SUSTAINABILITY FISCAL YEAR FOREIGN BORROWING FOREIGN DEBT GOVERNMENT AGENCIES GOVERNMENT DEBT GOVERNMENT EXPENDITURES GOVERNMENT INTERVENTION GOVERNMENT LEVEL GROSS DOMESTIC PRODUCT HEALTH SERVICES HEALTH SPENDING INFLATION INSOLVENT INSOLVENT BANKS INSTITUTIONAL CAPACITY INTEREST COSTS INTEREST RATES LACK OF ACCOUNTABILITY LEGISLATION LIQUIDATION LOCAL GOVERNMENTS MACROECONOMIC PERFORMANCE MACROECONOMIC STABILITY MINISTRY OF FINANCE MUNICIPALITIES PENSIONS PRIVATE SECTOR PRIVATIZATION PROVISIONS PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REFORM PUBLIC FINANCE PUBLIC HEALTH PUBLIC INSTITUTIONS PUBLIC INVESTMENT PUBLIC PROCUREMENT PUBLIC PROCUREMENT ACT PUBLIC SECTOR PUBLIC SERVICE PUBLIC SERVICES PUBLIC SPENDING PUBLIC TRANSPORTATION RATIONALIZATION RESERVE REQUIREMENT RETIREMENT SAVINGS SOCIAL ASSISTANCE SOCIAL EXPENDITURE SOCIAL INSURANCE SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES STATE SUBSIDIES TAX TAX ADMINISTRATION TAX BURDEN TAX COMPLIANCE TAX LAWS TAX RATES TAX REVENUE TAX REVENUES TAXATION TECHNICAL ASSISTANCE TRANSPARENCY TREASURY UTILITIES VOUCHER PRIVATIZATION WAGES WATER SUPPLY PUBLIC EXPENDITURES INSTITUTIONAL ANALYSIS INSTITUTIONAL CAPACITY FEDERAL GOVERNMENTS REFORM POLICY REFORM IMPLEMENTATION PUBLIC SPENDING ALLOCATION OF GOVERNMENT RESOURCES GROWTH PROMOTION WELFARE ECONOMICS FISCAL CONSOLIDATION POST-CONFLICT RECONSTRUCTION FISCAL CONSTRAINTS BUDGET MANAGEMENT GOVERNMENT ACCOUNTING STANDARDS GOVERNMENTAL REFORM |
| spellingShingle |
ACCOUNTABILITY ANTI-CORRUPTION ANTI-CORRUPTION STRATEGY AUDITING BANK RESTRUCTURING BANK SUPERVISION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEDURES BUDGET DEFICIT BUDGET FORMULATION BUDGET MANAGEMENT BUDGET SYSTEM CENTRAL BANK FUNCTIONS CENTRAL GOVERNMENT CENTRAL GOVERNMENT SPENDING CITIZENS CIVIL SERVICE COMMERCIAL BANKS CREDITWORTHINESS DEBT FINANCING DEBT SERVICE DEFAULT RISK DEPOSITS DOMESTIC BORROWING EBF ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC SHOCKS ELECTRICITY ENTERPRISE RESTRUCTURING EVASION EXECUTION EXPENDITURE REFORM FEDERAL GOVERNMENT FINANCIAL ACCOUNTABILITY FINANCIAL ASSISTANCE FINANCIAL BENEFITS FINANCIAL DISCIPLINE FINANCIAL INTERMEDIATION FINANCIAL MANAGEMENT FINANCIAL REPORTING FINANCIAL RESTRUCTURING FINANCIAL SECTOR FINANCIAL SECTORS FISCAL FISCAL CONTROL FISCAL DEFICIT FISCAL DEFICITS FISCAL GAP FISCAL GAPS FISCAL POLICIES FISCAL PROBLEMS FISCAL REFORM FISCAL STANCE FISCAL SUSTAINABILITY FISCAL YEAR FOREIGN BORROWING FOREIGN DEBT GOVERNMENT AGENCIES GOVERNMENT DEBT GOVERNMENT EXPENDITURES GOVERNMENT INTERVENTION GOVERNMENT LEVEL GROSS DOMESTIC PRODUCT HEALTH SERVICES HEALTH SPENDING INFLATION INSOLVENT INSOLVENT BANKS INSTITUTIONAL CAPACITY INTEREST COSTS INTEREST RATES LACK OF ACCOUNTABILITY LEGISLATION LIQUIDATION LOCAL GOVERNMENTS MACROECONOMIC PERFORMANCE MACROECONOMIC STABILITY MINISTRY OF FINANCE MUNICIPALITIES PENSIONS PRIVATE SECTOR PRIVATIZATION PROVISIONS PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REFORM PUBLIC FINANCE PUBLIC HEALTH PUBLIC INSTITUTIONS PUBLIC INVESTMENT PUBLIC PROCUREMENT PUBLIC PROCUREMENT ACT PUBLIC SECTOR PUBLIC SERVICE PUBLIC SERVICES PUBLIC SPENDING PUBLIC TRANSPORTATION RATIONALIZATION RESERVE REQUIREMENT RETIREMENT SAVINGS SOCIAL ASSISTANCE SOCIAL EXPENDITURE SOCIAL INSURANCE SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES STATE SUBSIDIES TAX TAX ADMINISTRATION TAX BURDEN TAX COMPLIANCE TAX LAWS TAX RATES TAX REVENUE TAX REVENUES TAXATION TECHNICAL ASSISTANCE TRANSPARENCY TREASURY UTILITIES VOUCHER PRIVATIZATION WAGES WATER SUPPLY PUBLIC EXPENDITURES INSTITUTIONAL ANALYSIS INSTITUTIONAL CAPACITY FEDERAL GOVERNMENTS REFORM POLICY REFORM IMPLEMENTATION PUBLIC SPENDING ALLOCATION OF GOVERNMENT RESOURCES GROWTH PROMOTION WELFARE ECONOMICS FISCAL CONSOLIDATION POST-CONFLICT RECONSTRUCTION FISCAL CONSTRAINTS BUDGET MANAGEMENT GOVERNMENT ACCOUNTING STANDARDS GOVERNMENTAL REFORM World Bank Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 3. Montenegro |
| geographic_facet |
Europe and Central Asia Serbia |
| description |
This Public Expenditure and
Institutional Review (PEIR) aims to help the government of
the Federal Republic of Yugoslavia (FRY) in taking their
public expenditure reforms further. It analyzes public
expenditure practices, and institutions of the two Republics
- Serbia and Montenegro - and of the Federal Government,
and, evaluates their decision-making, and implementation
processes. The cross-cutting topics of the PEIR are:
sustainability of public expenditures; strategic allocation
of public spending, to maximize growth and welfare within
fiscally sustainable limits; and, accountability of the
public expenditure system, needed to maintain domestic, and
international support for the reconstruction programs of the
two Republics. The success of reforms depends on difficult
strategic choices: 1) the inherited, distorted fiscal
systems, and inefficient budget management practices, call
for a realistic focus in selecting the goals of reform; 2)
the best solution choice must be derived from the existing
structures, and practices; and, 3) the Governments of Serbia
and Montenegro should focus on deepening the reforms already
initiated, rather than launching a number of new ones. The
first volume provides an overview of the public expenditure
reform agenda; volume two focuses on the Republic of Serbia
and the Federal Government, while volume three discusses
public expenditure management issues in Montenegro. The
public expenditure problems of the Federal level receive a
somewhat limited treatment, as the contours of the future
union government takes shape. Similarly, challenges of
fiscal decentralization below the Republic level, receive
only a brief treatment, actually only in the Serbia volume. |
| format |
Economic & Sector Work :: Public Expenditure Review |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 3. Montenegro |
| title_short |
Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 3. Montenegro |
| title_full |
Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 3. Montenegro |
| title_fullStr |
Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 3. Montenegro |
| title_full_unstemmed |
Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 3. Montenegro |
| title_sort |
serbia and montenegro : public expenditure and institutional review, volume 3. montenegro |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2003/02/2210546/serbia-montenegro-public-expenditure-institutional-review-vol-3-3-montenegro http://hdl.handle.net/10986/14770 |
| _version_ |
1764427992201691136 |
| spelling |
okr-10986-147702021-04-23T14:03:16Z Serbia and Montenegro : Public Expenditure and Institutional Review, Volume 3. Montenegro World Bank ACCOUNTABILITY ANTI-CORRUPTION ANTI-CORRUPTION STRATEGY AUDITING BANK RESTRUCTURING BANK SUPERVISION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEDURES BUDGET DEFICIT BUDGET FORMULATION BUDGET MANAGEMENT BUDGET SYSTEM CENTRAL BANK FUNCTIONS CENTRAL GOVERNMENT CENTRAL GOVERNMENT SPENDING CITIZENS CIVIL SERVICE COMMERCIAL BANKS CREDITWORTHINESS DEBT FINANCING DEBT SERVICE DEFAULT RISK DEPOSITS DOMESTIC BORROWING EBF ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC SHOCKS ELECTRICITY ENTERPRISE RESTRUCTURING EVASION EXECUTION EXPENDITURE REFORM FEDERAL GOVERNMENT FINANCIAL ACCOUNTABILITY FINANCIAL ASSISTANCE FINANCIAL BENEFITS FINANCIAL DISCIPLINE FINANCIAL INTERMEDIATION FINANCIAL MANAGEMENT FINANCIAL REPORTING FINANCIAL RESTRUCTURING FINANCIAL SECTOR FINANCIAL SECTORS FISCAL FISCAL CONTROL FISCAL DEFICIT FISCAL DEFICITS FISCAL GAP FISCAL GAPS FISCAL POLICIES FISCAL PROBLEMS FISCAL REFORM FISCAL STANCE FISCAL SUSTAINABILITY FISCAL YEAR FOREIGN BORROWING FOREIGN DEBT GOVERNMENT AGENCIES GOVERNMENT DEBT GOVERNMENT EXPENDITURES GOVERNMENT INTERVENTION GOVERNMENT LEVEL GROSS DOMESTIC PRODUCT HEALTH SERVICES HEALTH SPENDING INFLATION INSOLVENT INSOLVENT BANKS INSTITUTIONAL CAPACITY INTEREST COSTS INTEREST RATES LACK OF ACCOUNTABILITY LEGISLATION LIQUIDATION LOCAL GOVERNMENTS MACROECONOMIC PERFORMANCE MACROECONOMIC STABILITY MINISTRY OF FINANCE MUNICIPALITIES PENSIONS PRIVATE SECTOR PRIVATIZATION PROVISIONS PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REFORM PUBLIC FINANCE PUBLIC HEALTH PUBLIC INSTITUTIONS PUBLIC INVESTMENT PUBLIC PROCUREMENT PUBLIC PROCUREMENT ACT PUBLIC SECTOR PUBLIC SERVICE PUBLIC SERVICES PUBLIC SPENDING PUBLIC TRANSPORTATION RATIONALIZATION RESERVE REQUIREMENT RETIREMENT SAVINGS SOCIAL ASSISTANCE SOCIAL EXPENDITURE SOCIAL INSURANCE SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES STATE SUBSIDIES TAX TAX ADMINISTRATION TAX BURDEN TAX COMPLIANCE TAX LAWS TAX RATES TAX REVENUE TAX REVENUES TAXATION TECHNICAL ASSISTANCE TRANSPARENCY TREASURY UTILITIES VOUCHER PRIVATIZATION WAGES WATER SUPPLY PUBLIC EXPENDITURES INSTITUTIONAL ANALYSIS INSTITUTIONAL CAPACITY FEDERAL GOVERNMENTS REFORM POLICY REFORM IMPLEMENTATION PUBLIC SPENDING ALLOCATION OF GOVERNMENT RESOURCES GROWTH PROMOTION WELFARE ECONOMICS FISCAL CONSOLIDATION POST-CONFLICT RECONSTRUCTION FISCAL CONSTRAINTS BUDGET MANAGEMENT GOVERNMENT ACCOUNTING STANDARDS GOVERNMENTAL REFORM This Public Expenditure and Institutional Review (PEIR) aims to help the government of the Federal Republic of Yugoslavia (FRY) in taking their public expenditure reforms further. It analyzes public expenditure practices, and institutions of the two Republics - Serbia and Montenegro - and of the Federal Government, and, evaluates their decision-making, and implementation processes. The cross-cutting topics of the PEIR are: sustainability of public expenditures; strategic allocation of public spending, to maximize growth and welfare within fiscally sustainable limits; and, accountability of the public expenditure system, needed to maintain domestic, and international support for the reconstruction programs of the two Republics. The success of reforms depends on difficult strategic choices: 1) the inherited, distorted fiscal systems, and inefficient budget management practices, call for a realistic focus in selecting the goals of reform; 2) the best solution choice must be derived from the existing structures, and practices; and, 3) the Governments of Serbia and Montenegro should focus on deepening the reforms already initiated, rather than launching a number of new ones. The first volume provides an overview of the public expenditure reform agenda; volume two focuses on the Republic of Serbia and the Federal Government, while volume three discusses public expenditure management issues in Montenegro. The public expenditure problems of the Federal level receive a somewhat limited treatment, as the contours of the future union government takes shape. Similarly, challenges of fiscal decentralization below the Republic level, receive only a brief treatment, actually only in the Serbia volume. 2013-08-01T22:52:03Z 2013-08-01T22:52:03Z 2003-02 http://documents.worldbank.org/curated/en/2003/02/2210546/serbia-montenegro-public-expenditure-institutional-review-vol-3-3-montenegro http://hdl.handle.net/10986/14770 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Public Expenditure Review Economic & Sector Work Europe and Central Asia Serbia |