World Bank Support for Public Financial Management and Procurement: From Theory to Practice

The advice provided by the World Bank on improving public financial management and procurement is influenced by debates on theory and practice in developed and developing countries. This article touches on some of the highlights of these debates, drawing from the indicative literature mainly since 1990 from scholars and practitioners. It goes on to examine the Bank's diagnostic work, design, and implementation of project and policy support in this area. It also assesses evidence of outcomes and attribution, and ends with questions for further research.