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Sustainable Public Sector Finance In Latin America
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Book Synopsis Sustainable Public Sector Finance in Latin America by :
Download or read book Sustainable Public Sector Finance in Latin America written by and published by . This book was released on 1999 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public financial management in Latin America by : Mario Pessoa
Download or read book Public financial management in Latin America written by Mario Pessoa and published by Inter-American Development Bank. This book was released on 2015-08-24 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Generating public sector resources to finance sustainable development by : Stefano Pagiola
Download or read book Generating public sector resources to finance sustainable development written by Stefano Pagiola and published by World Bank Publications. This book was released on 2002 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Generating Public Sector Resources to Finance Sustainable Development by : Stefano Pagiola
Download or read book Generating Public Sector Resources to Finance Sustainable Development written by Stefano Pagiola and published by World Bank Publications. This book was released on 2002 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis A Nonlinear Approach to Public Finance Sustainability in Latin America by : Georgios E. Chortareas
Download or read book A Nonlinear Approach to Public Finance Sustainability in Latin America written by Georgios E. Chortareas and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public finance sustainability plays a central role in the stabilization efforts in Latin America. The emphasis on fiscal policy in these countries goes back to the debt crisis of the 1980s, which was associated with large fiscal imbalances. We analyze the sustainability of government debt for a sample of Latin American countries, employing unit root tests that incorporate nonlinear alternative hypotheses. These tests capture the potential thresholds or corridor behavior that international agreements or markets impose on emerging economies' public finances. We show that support for sustainability substantially improves when the possibility of nonlinear mean-reversion is taken into account.
Book Synopsis Government at a Glance: Latin America and the Caribbean 2020 by : OECD
Download or read book Government at a Glance: Latin America and the Caribbean 2020 written by OECD and published by OECD Publishing. This book was released on 2020-03-20 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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).
Book Synopsis Public Finance for Poverty Reduction by : Quentin Wodon
Download or read book Public Finance for Poverty Reduction written by Quentin Wodon and published by World Bank Publications. This book was released on 2007-11-06 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Accounting for Growth in Latin America and the Caribbean by : Henri Fortin
Download or read book Accounting for Growth in Latin America and the Caribbean written by Henri Fortin and published by World Bank Publications. This book was released on 2009-11-18 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of moving toward high-quality, global standards of accounting and auditing has never been clearer. In the midst of the global financial and economic crisis, the leaders of the Group of 20 met and issued their Declaration on Strengthening the Financial System , placing significant emphasis on sound accounting and auditing standards as a critical piece of the international financial architecture. Transparent and reliable corporate financial reporting underpins much of the Latin America and Caribbean development agenda, from private-sector-led growth to enhanced financial stability, facilitating access to finance for small and medium enterprises, and furthering economic integration. For nearly 10 years, the World Bank has prepared diagnostic Reports on the Observance of Standards and Codes (ROSCs) on Accounting and Auditing (A and A) at the country level. In Latin America and the Caribbean, ROSC A and A reports have been completed for 17 countries. This book takes a step back and seeks to distill lessons from a regional perspective. 'Accounting for Growth in Latin America and the Caribbean' is the first book to examine financial reporting and auditing in the region in a systematic way, drawing on the World Bank s years of experience and analysis in this area. The book is designed to inform the policy dialogue on accounting and auditing issues among government officials, the accounting profession, the private sector, academia, and civil society in LAC countries. It also seeks to disseminate the lessons learned to key players at the international and regional level, including the donor community, in order to generate momentum for reform of accounting and auditing throughout the region.
Book Synopsis Accountability in Public Expenditures in Latin America and the Caribbean by : Omowunmi Ladipo
Download or read book Accountability in Public Expenditures in Latin America and the Caribbean written by Omowunmi Ladipo and published by World Bank Publications. This book was released on 2009 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Role of Fiscal Policy in Sustainable Stabilization by : Mr.Gerd Schwartz
Download or read book The Role of Fiscal Policy in Sustainable Stabilization written by Mr.Gerd Schwartz and published by International Monetary Fund. This book was released on 1997-08-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Financing the Public Sector in Latin America by : J. C. de Souza Braga
Download or read book Financing the Public Sector in Latin America written by J. C. de Souza Braga and published by . This book was released on 1995 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financing Urban Services in Latin America by : Gian Carlo Guarda
Download or read book Financing Urban Services in Latin America written by Gian Carlo Guarda and published by World Bank Publications. This book was released on 1989 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Budget and Control by : A. Humberto Petrei
Download or read book Budget and Control written by A. Humberto Petrei and published by . This book was released on 1998 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Challenges to Fiscal Adjustment in Latin America The Cases of Argentina, Brazil, Chile and Mexico by : OECD
Download or read book Challenges to Fiscal Adjustment in Latin America The Cases of Argentina, Brazil, Chile and Mexico written by OECD and published by OECD Publishing. This book was released on 2006-02-06 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume discusses progress made to date in Argentina, Brazil, Chile and Mexico in putting their finances in order, and points out the challenges ahead.
Book Synopsis Public Financial Management in Latin America by :
Download or read book Public Financial Management in Latin America written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Leadership and Innovation in Subnational Government by : Tim Campbell
Download or read book Leadership and Innovation in Subnational Government written by Tim Campbell and published by World Bank Publications. This book was released on 2004-01-01 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines the various innovative projects on-going in Latin America, where fledging and developing local government policies are being introduced for reforming and improving services for the local communities whom they serve. The emergence of decentralised democracies in this region of the world offers may new challenges, that are dependent on building communities open to enterprise and innovation. Among such innovations are popular participation, service delivery, privatization and personnel management. Case studies of such developments are documented in this publication. For outside agencies and countries providing donor finance to this region, a greater awareness is required of the local policies that are being implemented. The World Bank recommends a process of participation in public choice, and a fostering of greater co-operation at a local level.
Book Synopsis Budget Rigidity in Latin America and the Caribbean by : Santiago Herrera
Download or read book Budget Rigidity in Latin America and the Caribbean written by Santiago Herrera and published by World Bank Publications. This book was released on 2020-04-23 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy makers in Latin America and the Caribbean (LAC) often complain that poor fiscal performance in their countries is a result of a high degree of spending rigidity. Despite being a common complaint, the issue has remained largely ignored by the literature because of the lack of adequate measures of rigidity that allow cross-country and time series comparability. This report helps close this gap by introducing a new measure of spending rigidities that can be easily applied to multiple countries. It focuses on the categories of spending that are naturally inflexible--wages, pensions, transfers to subnational governments, and debt service--and separates them into two components: structural and nonstructural. The structural component is determined by economic, demographic, and institutional fundamentals. The nonstructural component is determined by short-run transitory factors associated with business and political cycles. The degree of rigidity of spending is then proxied by the ratio of structural spending to total spending, with a higher value indicating that spending is driven mostly by factors out of the policy makers’ control. This concept of rigidity was applied to 120 countries for the years 2000†“17 and produced several interesting results: • Advanced economies and developing countries in other regions have higher levels of rigidity than countries in LAC. • The sources of rigidity vary by country. • Higher rigidity is associated with higher spending levels, higher tax rates, higher public debt, and lower efficiency of public spending. • Rigidity has pervasive effects on fiscal sustainability, increasing the country’s financing needs and reducing the probability of the country starting a fiscal adjustment. Given these pervasive effects of spending rigidity, the report concludes by discussing several policies to contain the sources of rigidity in the long term, ranging from the importance of deepening the pension reform process to the need of establishing strong fiscal institutions promoting medium-term fiscal planning.