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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Financial Reform in a Devolved African Country: Lessons from Ethiopia
Author:Peterson, Stephen B.ISNI
Year:2001
Periodical:Public Administration and Development
Volume:21
Issue:2
Period:May
Pages:131-148
Language:English
Geographic term:Ethiopia
Subjects:banking
financial policy
Politics and Government
Economics and Trade
Development and Technology
External link:https://doi.org/10.1002/pad.161
Abstract:The informal 'traditions' of African financial systems do not provide the preconditions for building advanced financial management systems. The reform of financial systems in the public sector in Africa must be evolutionary. Before these systems can adopt 'management' techniques that focus on outputs and outcomes, they first must have appropriate 'administrative' techniques of control. Especially in African countries that are devolved, evolutionary and not revolutionary financial reform is needed. Experience to date in designing and implementing system changes under the accounts, budget and expenditure planning projects of Ethiopia's Civil Service Reform, designed between 1995 and 1996, vindicates this. These projects, which are being implemented by the Decentralization Support Activity project funded by USAID, have adopted a framework of financial reform management based on three steps - comprehension, improvement and expansion - and four tasks: reforming the approach, improving the design, managing implementation and protecting the reform. App., bibliogr., notes, ref., sum.
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