Incentive Compatible Reforms : The Political Economy of Public Investments in Mongolia

Why do politicians distort public investments? And given that public investments are poor because presumably that is what is politically rational, what types of reforms are likely to be both efficiency improving and compatible with the interests of...

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Bibliographic Details
Main Author:	Hasnain, Zahid
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ACCOUNTABILITY ACCOUNTING AGGREGATE LIMITS ALLEGIANCE ALLOCATION ANNUAL BUDGET APPROPRIATION APPROPRIATIONS ASSET PORTFOLIO BID BIDS BUDGET AMENDMENTS BUDGET BALANCE BUDGET CYCLE BUDGET EXECUTION BUDGET INSTITUTIONS BUDGET LEGISLATION BUDGET PLANNING BUDGET PREPARATION BUDGET PREPARATION PROCESS BUDGET PROCESS BUDGET PROPOSALS BUDGETARY APPROPRIATIONS BUDGETARY AUTHORITY BUDGETING BUDGETING PROCESS BUSINESS COMMUNITY CABINET CANDIDATES CAPITAL ASSET CAPITAL ASSETS CAPITAL BUDGET CAPITAL BUDGETING CAPITAL EXPENDITURES CAPITAL PROJECTS CAPITAL STOCK CASH TRANSFER CHECKS CHECKS AND BALANCES CIVIL SERVANTS CIVIL SOCIETY COALITION GOVERNMENTS COLLECTIVE ACTION COMMUNISM COMPETITIVE BIDDING CONSTITUENCIES CONSTITUENCY COST ESTIMATES COST-BENEFIT ANALYSIS DEBTS DEFICITS DEMOCRACIES DEMOCRACY DEMOCRATIC GOVERNMENTS DEMOCRATIC SYSTEM DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DIVISION OF RESPONSIBILITIES DOMESTIC INVESTMENT DONOR ASSISTANCE DUAL BUDGET SYSTEM DUAL BUDGETING ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICY ECONOMIC RESOURCE ECONOMIES OF SCALE EDUCATION LEVEL ELECTION ELECTIONS ELECTORAL SYSTEM ELECTORATE ENROLLMENT ETHNIC GROUPS EXECUTIVE BUDGET EXPENDITURE EXPENDITURE CATEGORIES EXPENDITURE CUTS EXPENDITURE GROWTH EXPENDITURES EXTERNALITY FACTION FINANCIAL ANALYSIS FISCAL AUTHORITY FISCAL CONSTRAINTS FISCAL DISCIPLINE FISCAL FRAMEWORK FISCAL INDISCIPLINE FISCAL OUTCOMES FISCAL PERFORMANCE FISCAL RULES FISCAL STABILITY GDP GENERAL TAX REVENUES GEOGRAPHICAL CONSTITUENCIES GOVERNMENT EXPENDITURES HUMAN RESOURCE IDEOLOGY INCOME LEVELS INFLATION INFLATIONARY PRESSURES INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INVENTORY INVESTING INVESTMENT BUDGET INVESTMENT PLAN INVESTMENT PLANS INVESTMENT PORTFOLIO INVESTMENT PROJECTS INVESTMENT PROPOSALS LACK OF CREDIBILITY LACK OF INFORMATION LEGAL FRAMEWORK LEGISLATIVE AUTHORITY LEGISLATIVE BUDGET LEGISLATIVE POWERS LEGISLATORS LOCAL GOVERNMENT LOCAL GOVERNMENTS MACRO-STABILITY MACROECONOMIC INSTABILITY MARKET FAILURES MEMBERS OF PARLIAMENT MINISTRY OF FINANCE MISALLOCATION OF RESOURCES MONETARY FUND MP MULTIYEAR PROJECTS NATIONAL DEVELOPMENT NATIONAL PRIORITIES NATURAL RESOURCES OPERATIONAL EFFICIENCY PARLIAMENTARIAN PARLIAMENTARIANS PARLIAMENTARY DEMOCRACY PARLIAMENTARY PROCEDURES PERVERSE INCENTIVES PHYSICAL ASSETS POLITICAL ECONOMY POLITICAL LANDSCAPE POLITICAL PARTIES POLITICAL PARTY POLITICAL POWER POLITICAL RISK POLITICAL SCIENCE POLITICIANS PORK-BARREL POVERTY REDUCTION PRIME MINISTER PRIVATE GOODS PRIVATE INVESTMENTS PROCUREMENT POLICY PROGRAMS PUBLIC CAPITAL PUBLIC DEMAND PUBLIC ECONOMICS PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC GOODS PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAM PUBLIC INVESTMENTS PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT RATE OF RETURN REAL EXCHANGE RATE REFORM EFFORTS REFORM STRATEGY REPUBLIC RESOURCE ALLOCATION RETURN ROAD CONSTRUCTION ROAD NETWORK SECTOR CEILINGS SENIORITY SOCIAL POLICY SOCIAL RETURN SOCIAL TRANSFER SOCIALISM STANDING COMMITTEES STRATEGIC PRIORITIES STRUCTURAL REFORMS TAX TAX BURDEN TRANSPARENCY TYPES OF REFORMS UNCERTAINTY
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110524081958 http://hdl.handle.net/10986/3430

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110524081958
http://hdl.handle.net/10986/3430

Incentive Compatible Reforms : The Political Economy of Public Investments in Mongolia

Internet

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