Front Cover -- Title Page -- Copyright -- Contents -- Acknowledgments -- Abbreviations -- Chapter 1 Introduction -- Notes -- References -- Chapter 2 What Are MTEFs and What Can They Do? -- The Debate over MTEFs and the Role of the Bank -- Rationale for This Study -- Notes -- References -- Chapter 3 MTEF Foundations -- General Characteristics -- Specific Design Issues -- MTEF Good Practices -- Data and Classification -- MTEFs around the World -- Notes -- References -- Chapter 4 What Works and Why -- Measurement and Hypotheses -- Investigative Approaches -- The Hypothesis -- Event Study Comparisons -- Econometric Analysis -- Case Study Insights about the Quality of Budgeting -- Notes -- References -- Chapter 5 Requirements for Effective MTEFs -- Commitment to a New Approach to Budgeting -- Organizational Adaptability and Technical Capacity -- Appropriate Macro-Fiscal Policies and Institutions -- Sound Budget Systems and Properly Sequenced PFM Reforms -- Notes -- References -- Chapter 6 Lessons from World Bank Support for MTEF Implementation -- Methodology -- Bank-Supported MTEF Implementation -- Lessons about Bank Instruments to Support MTEFs -- Notes -- References -- Chapter 7 Conclusions and Implications for the Future Role of the Bank -- Appendix A World Bank Engagement with Medium-Term Expenditure Frameworks -- Data and Methodology -- Results -- Conclusion -- Note -- Appendix B MTEF Multicountry Studies -- References -- Appendix C MTEF Country Coding -- Appendix D Variables and Data Sources -- Reference -- Appendix E Event Studies Figures -- Appendix F Econometric Results -- Data -- Econometric Strategy -- Econometric Results -- Notes -- References -- Appendix G MTEF Case Studies -- Albania -- Armenia -- Brazil -- Ghana -- Jordan -- Korea -- Nicaragua -- Russia -- South Africa -- Uganda -- References -- Boxes -- Figures -- Map -- Tables.

Back Cover.