a. HIPC AAPs follow a systems approach, identifying sentinal indicators that are indicative of overall public expenditure management capacity.

b. Fiscal ROSCs cover transfers and revenue assignments as they relate to restraints on local borrowing.

c. The European Commission has performed a number of special audits on internal arrears but they do not cover external debt.

References

Allen, Richard, and Daniel Tommasi, eds. 2001. Managing Public Expenditure: A Reference Book for Transition Countries. Paris: Organisation for Economic Co-operation and Development.

Asian Development Bank. 1995. Governance and Development Policy Paper. Manila.

Campos, J. Edgar, and Sanjay Pradhan. 1996. The Impact of Budgetary Institutions on Expenditure Outcomes: Binding Governments to Fiscal Performance. Washington, D.C.: World Bank.

Collier, Paul, and David Dollar. 1999. Aid, Risk and the Special Concern of Small States. World Bank, Poverty Reduction and Economic Management Network, Washington, D.C.

DAC (Development Assistance Committee). 2003. Measuring Performance in Public Financial Management. In Harmonizing Donor Practices for Effective Aid Delivery. DAC Guidelines and Reference Series. Paris: Organisation for Economic Co-operation and Development.

Devarajan, Shanta, and Vinaya Swaroop. 2000. The Implications of Foreign Aid Fungibility for Development Assistance. In Christopher Gilbert and David Vines, eds., The World Bank: Structure and Policies. Cambridge: Cambridge University Press.

De Vries, Barend A. 1967. External Aid for Plans or Projects: An Alternative Approach. Economic Journal 77 (307).

DFID (Department for International Development). 2001a. Country Financial Accountability Assessments: Interim Guidance for Staff. London.