This book explains how economies, institutions, and politics interact to produce budget outcomes in Latin America, a region in which informality dominates public governance. It includes detailed country analyses which provide comparative knowledge about the workings of policymaking and budget...

This working paper advances research on inequality with unique, new data on income distribution in 61 countries, including 20 Latin American countries, to explore the effects of political parties on redistribution. First, consistent with a central, but still contested, assumption of the...

This paper explores the extent to which Uruguayan institutions (as interbranch relations, electoral rules, budgetary rules, etc.) and political actors (parties, factions, interest groups and bureaucrats) involved in the budgetary process affect the fiscal performance of governments in terms of...

We estimate the fiscal space of Brazilian States defined as the difference between a State's actual debt and the theoretical debt limit implied by the historical behavior of its policymakers. We estimate fiscal reaction functions and debt limits using publicly available data between 2000 and...

The budget process is increasingly considered key for reform efforts to improve fiscal outcomes. The authors embark on a political economy analysis of the budget process in Argentina, in the spirit of the IDB project "Political Institutions, Policymaking Processes and Policy Outcomes" in order...

This study seeks to provide an analysis based on positive and empirical approaches to the budget-making process in Venezuela from 1974 to 2004 in order to understand budget expenditure decisions and to analyze the actors and forces which affect the outcome. It will tackle the following tasks:...

In this project, the authors analyze the budgetary process to determine who decides on public expenditures in Brazil. The focus is not so much on the actual fiscal outcomes that emerge from the budgetary process, but rather on the policy making process that generates those outcomes. This...

This study introduces a diagnostic tool for determining the health of a public development bank. It defines in normative terms what good health looks like across various dimensions, which allows the PDB to delineate how it can improve its overall performance and achieve its financial and...

This paper analyses the dynamics of policy-making among the various political institutions in Brazil. The authors find that the driving force behind policies in Brazil is the strong set of powers given to the President, though several institutions constrain and check this power, in particular...

This work presents a comprehensive analysis of urban sustainability in Latin America and the Caribbean. The document is composed of six sections, including this introduction. Providing the theoretical and empirical elements of the analysis, the following section briefly reviews the relationship...