Fiscal decentralization has been, and remains high on the policy agenda of many countries. It is mainly driven by … disparities in incomes or resource endowments. More generally, decentralization pressures frequently reflect a desire for more … motivation, fiscal decentralization can have important macroeconomic implications. Therefore, Fund advice to member countries …

Based on cross-country data for up to 78 countries, this paper shows that fiscal decentralization-the assignment of … governance, such as corruption, rule of law, and government effectiveness. Unlike previous studies in the decentralization …/governance literature, which focus primarily on expenditure-based measures of decentralization, the results reported in this paper show that …

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 …

-country evidence, based on a sample of developing and developed countries, that fiscal decentralization—the assignment of expenditure …

years. To help bring it to the mid-point of the target, Banco Central del Uruguay (BCU) needs to maintain a tightening bias … Uruguay and suggested that strong institutions and macroeconomic stability have helped attract FDI to the secondary and …

loans to unhedged borrowers and incorporate greater exchange rate stress into the supervisory stress tests. ? Uruguay …

This paper discusses key findings of the Report on the Observance of Standards and Codes—Data Module for Uruguay …. Uruguay exceeds the Special Data Dissemination Standard (SDDS) timeliness requirements for labor market (employment … integrity, based on the mission’s meetings with data users, the Central Bank of Uruguay and National Institute of Statistics …

This Selected Issues paper examines the drivers and implications of the agricultural land price boom in Uruguay. It …