In many countries the decentralization of spending responsibilities has outpaced the decentralization of revenue powers …

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 … fiscal vulnerabilities and improvements in the quality of public spending. Improvements in governance and the business …

the priority given to good governance, accountability, and inclusive growth. The main objective is to achieve strong and … Strategy for Accelerated Growth and Sustained Development (SCADD). It is recognized that poverty alleviation is a long … sustained economic growth. The Executive Directors encourage the government to address the shortcomings identified. …

has adopted a transparent, fiscally sustainable governance framework for the petroleum sector. Nonetheless, there are …

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 …

This paper analyzes the impact of decentralization on overall fiscal performance in the European Union, taking into … account fiscal institutional arrangements. We find that spending decentralization has been associated with sizably better …