tailieunhanh - Introducing Financial Management Information Systems in Developing Countries

In Question 6, of the 69 interviewees, 28 (29%) agree that everyone in the project should participate in the decision-making process. On a team project, it is necessary and important for everyone to participate in the process. However, a large number, 41%, of respondents disagree with this question; identifying the reason for this level of disagreement is relevant to this research. Therefore, some telephone interviews are conducted to clarify this phenomenon. Respondents stated they considered time as an important factor in determining whether decisions should be made as a team or by the project manager | WP 05 196 IMF Working Paper Introducing Financial Management Information Systems in Developing Countries Jack Diamond and Pokar Khemani INTERNATIONAL MONETARY FUND 2005 International Monetary Fund WP 05 196 IMF Working Paper Fiscal Affairs Department Introducing Financial Management Information Systems in Developing Countries Prepared by Jack Diamond and Pokar Khemani October 2005 Abstract This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author s and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author s and are published to elicit comments and to further debate. In the past decade developing countries DCs have been encouraged to reform their public expenditure management systems and have increasingly embarked on major projects to computerize their government operations. Most popular among these have been projects to computerize government accounting and payment operations by introducing government financial management information systems FMISs . This paper investigates the reason for almost universal failure to implement and sustain FMISs in DCs. It starts with a review of the received wisdom in implementing these projects and then analyzes problems in its application in the DC context to identify key factors to explain why FMIS projects have been so problematic. Based on the identified negative factors suggestions for addressing them are offered in the hope of improving success rates. JEL Classification Numbers E6 M4 O5 Keywords Financial Management Information System FMIS Public Expenditure Management Functionality Author s E-Mail Address JDiamond@ PKhemani@ - 2 - Contents Page I. The Importance of Financial Management Information Systems FMISs .3 II. Features of an III. Strategic Framework for Introducing an FMIS in a Developing IV. Requirements for Introducing an A. .

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