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dc.contributor.authorBoyce, James K.en_US
dc.date.accessioned2012-09-25T07:19:07Z-
dc.date.available2012-09-25T07:19:07Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/64217-
dc.description.abstractIn the wake of violent conflict, a key element of building a durable peace is building a state with the ability to collect and manage public resources. To implement peace accords and provide public services, the government must be able to collect revenue, allocate resources, and manage expenditure in a manner that is regarded by its citizens as effective and equitable. This paper addresses eight key issues related to this challenge. The first four pertain to resource mobilization: (i) How should distributional impacts enter into revenue policies? (ii) How can postwar external assistance do more to prime the pump of domestic revenue capacity? (iii) Should macroeconomic strictures prescribed for economic stabilization be relaxed to foster political stabilization? (iv) How should the benefits of external resources be weighed against their costs? The second four issues relate to the expenditure side of public finance: (i) How should the dynamics of conflict be factored into public spending policies? (ii) Can the pathologies of a 'dual public sector' one funded and managed by the government, the other by the aid donors be surmounted by channeling external resources through the government, with dual-control oversight mechanisms to reduce corruption? (iii) How should long-term fiscal sustainability enter into short-term expenditure decisions? (iv) Lastly, is there scope for more innovative solutions to postwar legacies of external debts?en_US
dc.language.isoengen_US
dc.publisherUniv. of Massachusetts, Dep. of Economics Amherst, Mass.en_US
dc.relation.ispartofseriesWorking Paper, University of Massachusetts, Department of Economics 2007-09en_US
dc.subject.jelE61en_US
dc.subject.jelE62en_US
dc.subject.jelE63en_US
dc.subject.jelF35en_US
dc.subject.jelF51en_US
dc.subject.jelF53en_US
dc.subject.jelH20en_US
dc.subject.jelH22en_US
dc.subject.jelH50en_US
dc.subject.ddc330en_US
dc.subject.keywordpeacebuildingen_US
dc.subject.keywordrevenue mobilizationen_US
dc.subject.keywordexternal assistanceen_US
dc.subject.keywordforeign aiden_US
dc.subject.keywordpost-conflict transitionsen_US
dc.subject.keywordpublic expenditureen_US
dc.subject.keywordhorizontal equityen_US
dc.subject.keywordodious debten_US
dc.titlePublic finance, aid, and post-conflict recoveryen_US
dc.typeWorking Paperen_US
dc.identifier.ppn572990065en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Papers, Department of Economics, University of Massachusetts

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