Fiscal Federalism in Latin America

Fiscal Federalism in Latin America PDF Author: Eduardo Wiesner Durán
Publisher: IDB
ISBN: 9781931003483
Category : Business & Economics
Languages : en
Pages : 156

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Book Description
This text helps Latin American policymakers meet the challenge of decentralization to improve public sector performance at all levels of government by appropriately assigning jurisdiction over public goods, services, tax authority and user charges.

Fiscal Federalism in Latin America

Fiscal Federalism in Latin America PDF Author: Eduardo Wiesner Durán
Publisher: IDB
ISBN: 9781931003483
Category : Business & Economics
Languages : en
Pages : 156

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Book Description
This text helps Latin American policymakers meet the challenge of decentralization to improve public sector performance at all levels of government by appropriately assigning jurisdiction over public goods, services, tax authority and user charges.

The State of State Reforms in Latin America

The State of State Reforms in Latin America PDF Author: Eduardo Lora
Publisher: World Bank Publications
ISBN: 0821365762
Category : Political Science
Languages : en
Pages : 474

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Book Description
Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or 'second generation' reforms. 'The State of State Reform in Latin America' reviews and assesses the outcomes of these less studied institutional reforms. This book examines four major areas of institutional reform: a. political institutions and the state organization; b. fiscal institutions, such as budget, tax and decentralization institutions; c. public institutions in charge of sectoral economic policies (financial, industrial, and infrastructure); and d. social sector institutions (pensions, social protection, and education). In each of these areas, the authors summarize the reform objectives, describe and measure their scope, assess the main outcomes, and identify the obstacles for implementation, especially those of an institutional nature.

Fiscal Institutions and Fiscal Performance

Fiscal Institutions and Fiscal Performance PDF Author: James M. Poterba
Publisher: University of Chicago Press
ISBN: 0226676307
Category : Political Science
Languages : en
Pages : 402

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Book Description
The unprecedented rise and persistence of large-scale budget deficits in many developed and developing nations during the past three decades has caused great concern. The widespread presence of such deficits has proved difficult to explain. Their emergence in otherwise diverse nations defies particularistic explanations aimed at internal economic developments within a specific country. Fiscal Institutions and Fiscal Performance shifts emphasis away from narrow economic factors to more broadly defined political and institutional factors that affect government policy and national debt. This collection brings together new theoretical models, empirical evidence, and a series of in-depth case studies to analyze the effect of political institutions, fiscal regulations, and policy decisions on accumulating deficits. It provides a fascinating overview of the political and economic issues involved and highlights the role of budgetary institutions in the formation of budget deficits.

Central Banking in Latin America

Central Banking in Latin America PDF Author: Mr.Luis Ignacio Jácome
Publisher: International Monetary Fund
ISBN: 1484303180
Category : Business & Economics
Languages : en
Pages : 57

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Book Description
This paper provides a brief historical journey of central banking in Latin America to shed light on the debate about monetary policy in the post-global financial crisis period. The paper distinguishes three periods in Latin America’s central bank history: the early years, when central banks endorsed the gold standard and coped with the collapse of this monetary system; a second period, in which central banks turned into development banks under the aegis of governments at the expense of increasing inflation; and the “golden years,” when central banks succeeded in preserving price stability in an environment of political independence. The paper concludes by cautioning against overburdening central banks in Latin America with multiple mandates as this could end up undermining their hard-won monetary policy credibility.

Transparent Governance in an Age of Abundance

Transparent Governance in an Age of Abundance PDF Author: Juan Cruz Vieyra
Publisher: Inter-American Development Bank
ISBN: 159782187X
Category : Business & Economics
Languages : en
Pages : 452

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Book Description
During the last decade, the Latin American and Caribbean region has experienced unprecedented natural resources abundance. This book highlights how transparency can help realize the benefits and reduce negative externalities associated with the extractive industries in the region. A central message is that high-quality and well-managed information is critical to ensure the transparent and effective governance of the sector. The insights from experiences in the region can help policymakers design and implement effective regulatory reforms and adopt international standards that contribute to this goal. This is particularly important at a time when the recent boom experienced by extractives in the region may be coming to an end.

Routledge Handbook of Latin American Politics

Routledge Handbook of Latin American Politics PDF Author: Peter Kingstone
Publisher: Routledge
ISBN: 1135280304
Category : Business & Economics
Languages : en
Pages : 623

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Book Description
The Routeldge Handbook of Latin American Politics brings together the leading figures in the study of Latin America to present extensive empirical coverage and a cutting-edge examination of the central areas of inquiry in the region.

Electronic Invoicing in Latin America

Electronic Invoicing in Latin America PDF Author: Alberto Daniel Barreix
Publisher: Inter-American Development Bank
ISBN:
Category : Business & Economics
Languages : en
Pages : 75

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Book Description
The electronic invoicing (EI) of taxes is one of Latin America’s contributions to international taxation in support of the fight against evasion, global efforts towards tax transparency, and the digitization of tax administrations (TAs). Initially, EI was conceived as an instrument of documentary control over the invoicing process, so as to avert both the omission of sales and the inclusion of false purchases. The original idea was extended to other areas of tax control, such as payroll, goods in transit, and new services such as factoring. To some extent, EI can be regarded as the start of the process of digitizing the TAs in the broad sense. This publication addresses the pioneering experience of EI in Latin America, from its implementation to its extensions and impact on tax collection.

The Oxford Handbook of Latin American Political Economy

The Oxford Handbook of Latin American Political Economy PDF Author: Javier Santiso
Publisher: Oxford University Press
ISBN: 019994265X
Category : Political Science
Languages : en
Pages : 1119

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Book Description
Latin America's recent development performance calls for a multidisciplinary analytical tool kit. This handbook accordingly adopts a political-economy perspective to understand Latin American economies. This perspective is not new to the region; indeed, this volume consciously follows the approach pioneered by political economist Albert O. Hirschman a half century ago. But the nature of the political and economic processes at work in Latin America has changed dramatically since Hirschman's critical contribution. Military dictatorships have given way to an uneven democratic consolidation; agricultural or primary-product producers have transformed into middle-income, diversified economies, some of which are leading examples of emerging markets. So, too, the tools of political-economy have developed by leaps and bounds. It is therefore worthwhile to take stock of, and considerably extend, the explosion of recent scholarship on the two-way interaction between political processes and economic performance. A unique feature of the book is that it begins with a group of chapters written by high-level academic experts on Latin American economics and policies who also happen to be current or past economic policy makers in the region, including Fernando Henrique Cardoso (former president of Brazil), Andrés Velasco (former Chilean finance minister), Luis Carranza (former Peruvian finance minister), Martín Redrado (former governor of the Argentina central bank) and Luciano Coutinho (president of Brazil's national development bank). These contributors draw upon their academic expertise to understand their experience in the trenches of policy making.

Better Spending for Better Lives

Better Spending for Better Lives PDF Author: Alejandro Izquierdo
Publisher:
ISBN: 9781597823302
Category :
Languages : en
Pages :

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Book Description


Institutional Arrangements and Fiscal Performance

Institutional Arrangements and Fiscal Performance PDF Author: Ernesto Stein
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 54

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Book Description
This paper explores the links between institutional arrangements and fiscal performance in Latin America. We consider four measures of fiscal performance, namely expenditures, the size of fiscal deficits and debt, and the response of fiscal policy to business fluctuations; and two institutional dimensions, namely, electoral systems and budgetary processes. We find evidence that electoral systems characterized by a large degree of proportionality large district magnitude, tend to have larger governments, larger deficits and a more procyclical response to the business cycle. We also find that more transparent and hierarchical budgetary procedures lead to lower deficits and debt. Contrary to the findings of Hallerberg and von Hagen for European countries, we find no evidence that centralized budgetary arrangements neutralize the potentially adverse impact on fiscal deficits of a larger degree of proportionality of the electoral system.