There is no doubt that since the last world war, the international community has not faced as much of a threat to stability as is currently posed by spiralling poverty in developing countries.
And yet a closer look at how governments in developing countries deploy resources at their disposal reveals a record of less than optimal performance on delivery of value for money and accountability.
But governments and their development partners acknowledge the need for reform and are acting on it. Comprehensive programmes to reform public sectors are under way in many countries and at a micro level; governments and international financing institutions are using a variety of innovative approaches to ensure the benefits of public expenditure reach the target beneficiaries.
