The Bank is receiving an increasing number of requests from state and municipal governments to finance publicly owned convention centers. This paper suggests that few of these projects will bring the benefits expected and may impose fiscal burdens on states and municipalities that will make it...

The Bank is receiving an increasing number of requests from state and municipal governments to finance publicly owned convention centers. This paper suggests that few of these projects will bring the benefits expected and may impose fiscal burdens on states and municipalities that will make it...

This book presents a new framework for analyzing the political economy of budget processes in Latin America that is based on the following premises: i) the budget process must be considered as part of the overall policymaking process rather than in isolation; ii) budget outcomes cannot be fully...