Local Public Financial Management
A well-functioning public sector that delivers quality public services consistent with citizen preferences
and that fosters private market-led growth while managing fiscal resources prudently is
considered critical to the World Bank’s mission of poverty alleviation and the achievement of
the Millennium Development Goals. This important new series aims to advance those objectives
by disseminating conceptual guidance and lessons from practices and by facilitating
learning from one another’s experiences on ideas and practices that promote responsive (by
matching public services with citizens’ preferences), responsible (through efficiency and equity
in service provision without undue fiscal and social risk), and accountable (to citizens for all
actions) public governance in developing countries....
