IDEAS home Printed from https://ideas.repec.org/p/imf/imfwpa/2005-196.html
   My bibliography  Save this paper

Introducing Financial Management Information Systems in Developing Countries

Author

Listed:
  • Mr. Pokar D Khemani
  • Mr. Jack Diamond

Abstract

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.

Suggested Citation

  • Mr. Pokar D Khemani & Mr. Jack Diamond, 2005. "Introducing Financial Management Information Systems in Developing Countries," IMF Working Papers 2005/196, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2005/196
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=18375
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ali Hashim & Bill Allan, 1994. "Core Functional Requirements for Fiscal Management Systems," IMF Working Papers 1994/027, International Monetary Fund.
    2. Moussa, Antoun & Schware, Robert, 1992. "Informatics in Africa: Lessons from World Bank experience," World Development, Elsevier, vol. 20(12), pages 1737-1752, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chandra, Vandana & Li, Ying & Osorio Rodarte, Israel, 2007. "Commodity Export Diversification in Rwanda - Many Export Discoveries with Little Scaling-Up," MPRA Paper 18556, University Library of Munich, Germany.
    2. World Bank, 2007. "Rwanda : Toward Sustained Growth and Competitiveness, Volume 2. Main Report," World Bank Publications - Reports 7702, The World Bank Group.
    3. Cem Dener & Joanna Alexandra Watkins & William Leslie Dorotinsky, 2011. "Financial Management Information Systems : 25 Years of World Bank Experience on What Works and What Doesn't," World Bank Publications - Books, The World Bank Group, number 2297.
    4. Lassou, Philippe J.C. & Hopper, Trevor & Tsamenyi, Mathew & Murinde, Victor, 2019. "Varieties of neo-colonialism: Government accounting reforms in Anglophone and Francophone Africa – Benin and Ghana compared," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 65(C).
    5. Seth E. Terkper, 2008. "Accounting Challenges for Semi-Autonomous Revenue Agencies in Developing Countries," IMF Working Papers 2008/116, International Monetary Fund.
    6. Ali Hashim & Moritz Piatti, 2016. "A Diagnostic Framework to Assess the Capacity of a Government's Financial Management Information System as a Budget Management Tool," World Bank Publications - Books, The World Bank Group, number 25267.
    7. Tahira Iram & Ahmad Raza Bilal & Zeshan Ahmad & Shahid Latif, 2023. "Does Financial Mindfulness Make a Difference? A Nexus of Financial Literacy and Behavioural Biases in Women Entrepreneurs," IIM Kozhikode Society & Management Review, , vol. 12(1), pages 7-21, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vijeta Singh & Puja Padhi, 2015. "Information and Communication Technology in Microfinance Sector: Case Study of Three Indian MFIs," IIM Kozhikode Society & Management Review, , vol. 4(2), pages 106-123, July.
    2. Jain, R., 1997. "Key constructs in successful IS implementation: South-East Asian experience," Omega, Elsevier, vol. 25(3), pages 267-284, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:2005/196. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.