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The Role of Fiscal Transparency in Sustaining Stability and Growth in Latin America
Parry, Taryn - International Monetary Fund (IMF) - 2007
Latin America has experienced a resurgence in growth in recent years. However, it is also a region that has been prone to crises while growth has not delivered a significant reduction in poverty and inequality. Maintaining a strong and stable macroeconomic performance in Latin America will...
Persistent link: https://www.econbiz.de/10005826063
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Making Fiscal Decentralization Work; Cross-Country Experiences
Fedelino, Annalisa - International Monetary Fund (IMF) - 2010
The question of what makes fiscal decentralization work is faced by many policymakers around the world. This book draws …, and discusses the key factors that help make decentralization sustainable, efficient, and equitable from a macroeconomic …
Persistent link: https://www.econbiz.de/10011245906
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Selected African Countries; IMF Technical Assistance Evaluation: Public Expenditure Management Reform
International Monetary Fund (IMF); International … - 2006
This report focuses on IMF Technical Assistance Evaluation—Public Expenditure Management (PEM) Reform in Selected African Countries. Most of the countries examined were colonies of the United Kingdom, inheriting similar and relatively simple budget systems based on an interpretation of...
Persistent link: https://www.econbiz.de/10005248096
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How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence
Plekhanov, Alexander; Singh, Raju Jan - International Monetary Fund (IMF) - 2005
Countries have adopted various institutional responses to subnational government borrowing. Using a sample of 44 countries 1982-2000, this paper provides a panel data analysis to determine the most effective borrowing constraints for containing local fiscal deficits. The results suggest that no...
Persistent link: https://www.econbiz.de/10005264111
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Managing Financial Crises; Recent Experience and Lessons for Latin America
Kincaid, G. Russell; Collyns, Charles - International Monetary Fund (IMF) - 2003
This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...
Persistent link: https://www.econbiz.de/10005824823
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Reforming Intergovernmental Fiscal Relations in Argentina
Cuevas, Alfredo - International Monetary Fund (IMF) - 2003
Argentina has committed itself to a reform of its revenue-sharing system. This paper examines this system and the issues involved in its redesign, and discusses the pros and cons of various options with a view to specifying a preferred approach.
Persistent link: https://www.econbiz.de/10005826288
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Subnational Public Financial Management; Institutions and Macroeconomic Considerations
Albino-War, Maria A; Singh, Raju Jan; Ahmad, Ehtisham - International Monetary Fund (IMF) - 2005
Transparent public financial management at the subnational level requires institutions and processes that mirror those needed at the central government level, in order to generate better accountability and competition among different subnational governments, critical elements in ensuring good...
Persistent link: https://www.econbiz.de/10005599626
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Intergovernmental Relations and Fiscal Discipline; Between Common Tax Resources and Soft Budget Constraints
Pisauro, Guiseppe - International Monetary Fund (IMF) - 2001
Fiscal decentralization is likely to entail a bias in the budget process toward higher public expenses and deficits …
Persistent link: https://www.econbiz.de/10005599749
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Measuring Fiscal Decentralization; Exploring the IMF’s Databases
International Monetary Fund (IMF); International … - 2011
empirical evidence about actual country practices. This paper presents data on fiscal decentralization for about 80 countries … for transition economies, the levels of decentralization are relatively stable over the time period. The findings are … factors identified in the literature as determining the extent of fiscal decentralization. …
Persistent link: https://www.econbiz.de/10009151217
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Issues in Intergovernmental Fiscal Relations in China
Dabla-Norris, Era - International Monetary Fund (IMF) - 2005
The paper reviews the changing nature of intergovernmental fiscal relations between the provinces and the central government in China over the past two decades and provides an assessment of the success of previous reforms in meeting their objectives. Key existing weaknesses in the current system...
Persistent link: https://www.econbiz.de/10005826054