Newsletter Second Quarter 2015

  • This is the first 'Interesting & Noteworthy' newsletter for the year 2015.

    On a quarterly basis it provides the reader with a summary of the most recent posts on the Board, digs into the archives to point the reader towards 'power posts' made in the past and it includes some statistics on how the Board is evolving. Finally it sports a 'video of the month' on PFM issues.

Key Stats

  • Newest Member as of 21 April 2015
    Ambrose Louis-Obike
    Average online per day (simultaneously)
    Most online (simultaneously)
    199 (August 27, 2013, 19:49:58 GMT)

Most Recent Topics

  • 1. Interesting experiences / Professional Diaries #1: Integrated Planning: the Good, the Bad and the Ugly
    « Post by Gord Evans « on: August 10, 2014, 17:40:46 GMT »

    I’ve be asked to post a few reflections on my experiences with integrated policy and financial planning.  Over the next few months, I will recount the good, bad and ugly of several such efforts. 

    For those of you who don’t know me, I’ve worked more on the policy and planning than budgeting side of the ledger.  However, my lengthy work experience in Cabinet Office in Ontario, Canada taught that policy planning and fiscal planning, although often competitive and pushing in opposite directions (“we can’t afford that” vs. “we would like to be re-elected”), cannot be performed in isolation.  When I ventured into international work in the late 1990s, to my surprise, what to me was an obvious point of departure (i.e., integrating policy and fiscal planning) was largely being ignored in the world of international development.... 

    2. The Revenue Framework / OECD reports on multinational tax issues
    « Post by John Short «on: September 16, 2014, 12:25:32 GMT»

    First recommendations for a co-ordinated international approach to combat tax avoidance by multinational enterprises. The BEPS Project aims to provide governments with clear international solutions for fighting corporate tax planning strategies that exploit gaps and loopholes of the current system to artificially shift profits to locations where they are subject to more favourable tax treatment..
    3. The Macro-fiscal analysis made simple / Re: Report on Global Debt - The 16th Geneva Report
    « Post by harnett « on: October 11, 2014, 18:29:58 GMT»

    Interesting report.  I was pretty staggered by the opening paragraph which asserts "The crisis affected mainly developed economies".  That doesn't square with my experience...
    For our work in developing countries though, I was more interested in "A sharp rise in lending to the world’s poorest countries will leave them with crippling debt payments over the next decade, a few years after many had loans written off, a report has warned." (Guardian Friday 10th October 2014).  This report can be found at ...

From the Archive: Do not miss these topics

  • 1. Conversation with Matt Andrews on limits to externally influenced PFM reform
    «February 08, 2012, 18:09:28 GMT»

    Talk to Matthew Andrews. He is an  Associate Professor of Public Policy at Harvard's Kennedy School, and commentator on governance in development. He manages his blog on Governance reform in international development at The focus of the conversation with him is 'limits to externally influenced PFM reform and options for overcoming these'.  Matt's new book ''The Limits of institutional Refom in Development' is now available on bookstores.

    2. Decentralisation / Re: New Publication of Research on the Role of Institutions in Nations' Success « Last post by FitzFord on June 26, 2012, 15:08:46 GMT »

    By now, you know that this is my particular area of interest and not surprising, think that understanding and getting it right is of substantial importance for success in the design of solutions for improved public sector finance and management, and governance in general. To help my case, I am attaching a link to a review of a major study, reported in a book titled "Why Nations Fail", by Daron Acemoglu and James A. Robinson (MIT).

    3. IT systems applied to PFM? / Custom vs COTS vs Another country's system
    « Post by halle «on: October 09, 2012, 19:18:48 GMT»

    There seems to be 3 major "IT" Treasury systems in use around the world.
    a)  Custom - custom developed software specifically designed for the country.  This could include everything from mainframe legacy systems to more recent systems such as in several countries in latin America.
    b)  COTS - commercial vendor solutions, typically implemented by a consulting/systems integration company with some customizations to address government / customer specific requirements.
    c)  "Given" by another country.  Examples include selected countries in Africa and Central/South America where a country gives its neighbor a copy of the system for their own usage....

Top Ten Boards

PFM Video of the Month

  • The Committment to Development Index ranks wealthy governments on how well they are living up to their potential to help poor countries. The Index scores seven policy areas that affect the well-being of others around the world: aid, trade, finance, migration, environment, security, and technology.

    You may also be interested in the PFMBoard Videos Sessions, a feature of the PFM Board where individual members of the community, by their own initiative, post their video presentations about PFM topics. Worth checking on it by clicking on the banner below.
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    e.g.  ‘Albania Board’ is a topic under the board ‘The Country PFM Boards’
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