Rebuilding Fiscal Institutions in a Post-conflict Setting

Developing Economic Stabilization

Posted by Bill Dorotinsky

 "The reconstruction of fiscal institutions can contribute to macroeconomic stabilisation and create a conducive environment for further institution building." That's the central idea of a recent note on "Rebuilding Fiscal Institutions in Post-Conflict Settings" by Sanjeev Gupta, Senior Adviser in the IMF's Fiscal Affairs Division, published in (Issue 32, December 2007) -- the on-line publication of the European Centre for Development Policy Management (ECDPM), SNV Netherlands Development Organisation, and the United Nations Development Programme (UNDP). The publication, including this article, is available in English, French, and Spanish.

The note highlights three key elements for rebuilding fiscal institutions:

The note also observes that there are two additional dimensions that need to be considered.

This note draws from S. Gupta, S. Tareq, B. Clements, A. Segura-Ubiergo, R. Bhattacharya, and T. Mattina (2005) Rebuilding Fiscal Institutions in Postconflict Countries, Occasional Paper 247, IMF.