Managing Resources for Development

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In all Commonwealth countries, the public are demanding higher quality, more reliable and more costeffective delivery of basic public services such as health and education. These demands call on finance ministries to increase the resources channelled into priority sectors, as defined by national frameworks and poverty reduction strategies. This in turn requires effective budgetary systems, improved public financial management and good management of donor resources. Managing Resources for Development incorporates the sharing of best practice in the vital area of improving the delivery and monitoring of resources in the public sector. It is based on a paper presented by Sir John Vereker for the Technical theme for the Senior Finance Officials’ Meeting at the Commonwealth Finance Ministers’ Meeting held in London in September 2002. This book is of great interest to public policy practitioners in the allocation and management of resources.




There is no template for successful development, no golden bullet for the attack on poverty, no philosopher's stone that will turn dross into gold. There are recurrent themes – the focus on what poor people actually want, the importance of robust institutions and reliable infrastructure, macroeconomic stability, accountable governance – but only a holistic approach can drive a process as complex as sustainable, pro-poor development.


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