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Public Expenditure Handbook: A Guide to Public Policy Issues in Developing Countries

This handbook, edited by Ke-young Chu and Richard Hemming, offers guidance to officials formulating public policy recommendations, so that the aggregate level of public spending conforms with the economy's overall resource capacity. The handbook looks at the impact of public spending on the efficiency of resource use and explores the basis for distinguishing between productive and unproductive spending.

Over many years, staff members of the Fiscal Affairs Department have
undertaken studies on numerous aspects of public expenditure policy. The Public
Expenditure Handbook is the outcome of an effort to bring together the various
strands of these studies and related outside work. Public expenditure issues
have become increasingly important in the context of both stabilization and
structural adjustment programs. Yet rather little systematic guidance is available
on these issues for ...