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The Quality of Budget Institutions and the Efficiency of Public Spending

This study utilizes advanced machine learning techniques to demonstrate that improving specific budget governance dimensions, particularly predictability and control in budget execution, significantly enhances public spending efficiency in education, health, and infrastructure, with the most substantial gains observed in lower-income and institutionally weaker countries.

Original authors: Santiago Herrera Aguilera, Hironobu Isaka, Juan Fernando Gomez Lopez

Published 2026-10-05
📖 1 min read☕ Coffee break read

Original authors: Santiago Herrera Aguilera, Hironobu Isaka, Juan Fernando Gomez Lopez

Original paper licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). ✨ This is an AI-generated explanation of the paper below. It is not written or endorsed by the authors. For technical accuracy, refer to the original paper. Read full disclaimer

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