1 option
Timor-Leste's Recovery from the 2006 Crisis : Some Lessons. / Doug Porter.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Porter, Doug.
- Series:
- World Bank e-Library.
- World Development Report Background Papers
- Language:
- English
- Subjects (All):
- Access to Finance.
- Access to Information.
- Accountability.
- Aid Effectiveness.
- Cash Transfers.
- Commodity Prices.
- Conflict and Development.
- Corruption & anticorruption Law.
- Debt.
- Debt Management.
- Debt Markets.
- Developing Countries.
- Expenditures.
- Finance and Financial Sector Development.
- Financial Crisis.
- Financial Management.
- Fiscal Policy.
- Human Capital.
- Human Resources.
- Inflation.
- Labor Market.
- Law and Development.
- Leadership.
- Legal Framework.
- Opportunity Cost.
- Peace & Peacekeeping.
- Post Conflict Reconstruction.
- Private Sector.
- Public & Municipal Finance.
- Public Finance.
- Public Sector.
- Public Spending.
- Refugees.
- Savings.
- Technical Assistance.
- Transparency.
- Violence.
- Local Subjects:
- Access to Finance.
- Access to Information.
- Accountability.
- Aid Effectiveness.
- Cash Transfers.
- Commodity Prices.
- Conflict and Development.
- Corruption & anticorruption Law.
- Debt.
- Debt Management.
- Debt Markets.
- Developing Countries.
- Expenditures.
- Finance and Financial Sector Development.
- Financial Crisis.
- Financial Management.
- Fiscal Policy.
- Human Capital.
- Human Resources.
- Inflation.
- Labor Market.
- Law and Development.
- Leadership.
- Legal Framework.
- Opportunity Cost.
- Peace & Peacekeeping.
- Post Conflict Reconstruction.
- Private Sector.
- Public & Municipal Finance.
- Public Finance.
- Public Sector.
- Public Spending.
- Refugees.
- Savings.
- Technical Assistance.
- Transparency.
- Violence.
- Other Title:
- Timor-Leste's Recovery from the 2006 Crisis
- Place of Publication:
- Washington, D.C. : The World Bank, 2010.
- System Details:
- data file
- Summary:
- This note looks specifically at how the government used Public Finance Management (PFM) policies to help address the enormous short-term challenges of a fragile situation in the aftermath of the 2006 crisis. The government capitalized on a rapid increase in oil revenues and through administrative measures that delegated more responsibility for spending decisions to line ministries, achieved a rapid increase in the rate of public spending on cash transfers, goods and services and public works. This note starts by summarizing the evolving challenges of the post-independence PFM system, the fragility of 2006/07, and the changed fiscal outlook following the surge in petroleum revenue. It then looks at the government's PFM policies that helped it to address urgent demands and successfully restore short term stability. The note concludes by drawing possible lessons from this period for other post-conflict situations.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.