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Author : Anonim
Publisher : Unknown
Page : 202 pages
File Size : 44,6 Mb
Release : 1999
Category : Finance, Public
ISBN : UTEXAS:059173019642507
Author : Mario Pessoa,Carlos Pimienta,Marco Varea,Adriana Arosteguiberry,Israel Fainboim Yaker,Claudiano de Albuquerque,José Adrián Vargas,Joseph Cavanagh,Benito Almudena Fernández,James L. Chan,Gerardo Uña,Natalia Rezai,Mike Williams
Publisher : Inter-American Development Bank
Page : 375 pages
File Size : 42,8 Mb
Release : 2015-08-24
Category : Political Science
ISBN : 9781597822275
The efficiency, effectiveness, and transparency of public financial management in Latin America is critical for the supervision of public resources, fiscal stability, and sustainable economic development. In recent years, the countries of Latin America have embraced reforms in public financial management and have made many important advances; however, many challenges remain. This book brings together the knowledge and experiences of IMF and IDB staff and representatives from 16 governments in the region to document these reforms, and examines the experiences and lessons learned. It is a valuable resource for those looking at issues in public financial management.
Author : Stefano Pagiola
Publisher : World Bank Publications
Page : 148 pages
File Size : 54,7 Mb
Release : 2002
Category : Environmental policy
ISBN : 0821353845
Annotation This specific objective of this book is to explore potential avenues for generating more resources for the public sector to invest in sustainable development.
Author : Stefano Pagiola
Publisher : World Bank Publications
Page : 148 pages
File Size : 43,5 Mb
Release : 2002
Category : Business & Economics
ISBN : MINN:31951D02323903L
Annotation This specific objective of this book is to explore potential avenues for generating more resources for the public sector to invest in sustainable development.
Author : Omowunmi Ladipo,Alfonso Sanchez,Jamil Sopher
Publisher : World Bank Publications
Page : 130 pages
File Size : 51,6 Mb
Release : 2009
Category : Business & Economics
ISBN : 9780821379851
Fiscal discipline and public sector efficiency became prominent issues in Latin America and the Caribbean in the late 1980's following external debt crises that troubled many countries in the region. Resolution of the debt crises necessitated a first wave of reforms that largely focused on upgrading legal and regulatory frameworks or improving information systems. Nearly twenty years later progress in matching OECD practices and performance in public financial management and procurement has been uneven and has been one of the factors that impeded higher growth and competitiveness in Latin America and the Caribbean. Countries such as Chile, Brazil and Costa Rica with relatively good performance, in this respect, have shown what other countries in the region can do and how they would benefit. Increased globalization, seemingly intractable issues of income inequality, the onset of the recent global financial crises and the emergence of an assertive middle class that demands better governance, are all reasons why Latin America and the Caribbean governments should closely examine incomplete financial management and procurement reform programs and embark on trajectories that will improve their performance and be better responsive to the needs of their citizens. This book sets out, based on more than a decade of World Bank diagnostics, key areas that remain to be addressed by governments in the Latin America and the Caribbean region to underpin sustainable arrangements that deliver efficient and effective services, which are accountable to citizens. Success will have the important additional benefit of serving to notify international financial markets of the integrity of their stewardship function.
Author : Mr.Gerd Schwartz,Mrs.Teresa Ter-Minassian
Publisher : International Monetary Fund
Page : 34 pages
File Size : 41,6 Mb
Release : 1997-08-01
Category : Business & Economics
ISBN : 9781451950786
This paper reviews the role of fiscal policy in a number of stabilization programs in Latin America since the early 1980s. The paper highlights the importance of sustainable fiscal adjustment in stabilization efforts, and discusses the main issues that arise in this context. By reviewing the Latin American experience, it is argued that responsibility for failed stabilization attempts can be traced to four main factors: inconsistent policy mixes; excessive reliance on temporary factors of improvement in the fiscal accounts; failure to implement fundamental fiscal reforms; and lack of complementary structural reforms.
Author : OECD,Economic Commission for Latin America and the Caribbean,CAF Development Bank of Latin America,European Commission
Publisher : OECD Publishing
Page : 283 pages
File Size : 45,5 Mb
Release : 2023-12-15
Category : Electronic
ISBN : 9789264546936
Latin America and the Caribbean needs an ambitious and comprehensive investment agenda to embark on a stronger and more sustainable development trajectory. The 16th edition of the Latin American Economic Outlook proposes ways to make this possible through co-ordinated actions by policy makers, the private sector and international partners.
Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 52,9 Mb
Release : 2024-07-02
Category : Electronic
ISBN : 1513505041
Author : Quentin Wodon,Blanca Moreno-Dodson
Publisher : World Bank Publications
Page : 504 pages
File Size : 43,8 Mb
Release : 2007-11-06
Category : Business & Economics
ISBN : 0821368273
This book presents some basic theoretical concepts of public finance with a particular emphasis on its impact poverty reduction. Eight case studies from Latin America and Africa illustrate how these concepts are applied in practice and the implementation issues that emerge.
Author : Felipe Larraín B.,Marcelo Selowsky
Publisher : Unknown
Page : 380 pages
File Size : 54,8 Mb
Release : 1991
Category : Debts, External
ISBN : UCSC:32106009043669
Covers the period from 1970 to 1985.
Author : Mr.Oscar E. Melhado Orellana
Publisher : International Monetary Fund
Page : 37 pages
File Size : 54,8 Mb
Release : 2003-01-01
Category : Business & Economics
ISBN : 9781451843767
This paper examines fiscal sustainability and resource mobilization in the Dominican Republic. The fiscal position appears to be sustainable, if resource mobilization is strengthened. If expenditure continues to rise (relative to GDP), without any further fiscal adjustment, indicators of sustainability would begin to deteriorate. It would be important to maintain an appropriate mix between additional financing and fiscal adjustment, in order that the future debt burden does not rise excessively.
Author : OECD
Publisher : OECD Publishing
Page : 200 pages
File Size : 52,5 Mb
Release : 2020-03-18
Category : Electronic
ISBN : 9789264455467
This third edition of Government at a Glance Latin America and the Caribbean provides the latest available evidence on public administrations and their performance in the LAC region and compares it to OECD countries. This publication includes indicators on public finances and economics, public employment, centres of government, regulatory governance, open government data, public sector integrity, public procurement and for the first time core government results (e.g. trust, inequality reduction).
Author : Gustavo Adler,Mr.Sebastian Sosa
Publisher : International Monetary Fund
Page : 53 pages
File Size : 46,5 Mb
Release : 2013-01-30
Category : Business & Economics
ISBN : 9781475588835
Highly favorable external conditions have helped Latin America strengthen its economic fundamentals over the last decade. But, has the region built enough buffers to guard itself from a weakening of the external environment? This paper addresses this question by developing a simple framework that integrates econometric estimates of the effect of global factors on key domestic variables that determine public and external debt dynamics, with the IMF‘s standard debt sustainability framework. Results suggest that, while some countries in the region are well placed to withstand moderate or even large shocks, many would benefit from having stronger buffers to be in a position to deploy countercyclical policies, especially under tail events. External sustainability, on the other hand, does not appear to be a source of concern for most countries.
Author : Marianne Fay,Luis Alberto Andres,Charles Fox,Ulf Narloch,Michael Slawson
Publisher : World Bank Publications
Page : 134 pages
File Size : 48,5 Mb
Release : 2017-08-02
Category : Business & Economics
ISBN : 9781464811029
Latin America and the Caribbean (LAC) does not have the infrastructure it needs, or deserves, given its income. Many argue that the solution is to spend more; by contrast, this report has one main message: Latin America can dramatically narrow its infrastructure service gap by spending efficiently on the right things. This report asks three questions: what should LAC countries’ goals be? How can these goals be achieved as cost-effectively as possible? And who should pay to reach these goals? In doing so, we drop the ‘infrastructure gap’ notion, favoring an approach built on identifying the ‘service gap’. Benchmarking Latin America in this way reveals clear strengths and weaknesses. Access to water and electricity is good, with the potential for the region’s electricity sector to drive competitive advantage; by contrast, transport and sanitation should be key focus areas for further development. The report also identifies and analyses some of the emerging challenges for the region—climate change, increased demand and urbanization—that will put increasing pressure on infrastructure and policy makers alike. Improving the region’s infrastructure performance in the context of tight fiscal space will require spending better on well identified priorities. Unlike most infrastructure diagnostics, this report argues that much of what is needed lies outside the infrastructure sector †“ in the form of broader government issues—from competition policy, to budgeting rules that no longer solely focus on controlling cash expenditures. We also find that traditional recommendations continue to apply regarding independent, well-performing regulators and better corporate governance, and highlight the critical importance of cost recovery where feasible and desirable, as the basis for future commercial finance of infrastructure services. Latin America has the means and potential to do better; and it can do so by spending more efficiently on the right things.
Author : A. Humberto Petrei,Romeo E. Petrei
Publisher : Unknown
Page : 468 pages
File Size : 54,8 Mb
Release : 1998
Category : Business & Economics
ISBN : STANFORD:36105022956093
For example, the Bill of Budget Honesty in Australia, the Citizen's Charter in England, and the Fiscal Responsibility Act in New Zealand, clearly specify what information must be made public and when this information must be released. Latin America needs legal instruments such as these if its democracies are to be strengthened.