The seven articles in this compendium provide practical insights and solutions across the spectrum of public-finance activities. The articles are ordered as follows:
- The first article offers a new way of thinking about resilience in government finances, along with a collection of ideas for better managing through the business cycle.
- The second focuses on the future of taxation, including grappling with trends that threaten the core stability of tax and revenue collections.
- The third article provides an architecture and best practices for managing spending reviews, a powerful but underutilized tool.
- The fourth moves toward the massive challenges that governments face in delivering $5 trillion in social spending and ways to overcome the increased pressures of matching their social-spending bills to the outcomes they wish to address.
- The fifth article thus brings out ways in which customs agencies can more resemble enablers and facilitators than rule enforcers for special economic zones, helping them flourish.
- The sixth article explores the financing gap in infrastructure and how three levers can help governments and development finance institutions increase private-sector financing.
- The compendium closes by zooming in on Africa—including the $100 billion opportunity in public finance and specific ideas and interventions around tax and revenue collections.