This paper discusses the need for a Bank subnational development strategy. The subnational development strategy provides the Bank with a comprehensive framework to support borrowing member countries in their efforts to promote socioeconomic development through the devolution of responsibilities...

This report examines the quality of public policies in Latin America and the Caribbean after more than a decade of political and economic reform. A wide variety of examples and case studies are presented in an analytical framework to help explain why policies that work in certain institutional...

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...

América Latina se está descentralizando. Cada vez más recursos y un mayor poder de decisión están pasando desde los gobiernos centrales hacia el nivel local. Este naciente panorama político, administrativo y fiscal genera nuevos retos y oportunidades para los gobiernos subnacionales, y...

This paper explores, both formally and empirically, the political accountability mechanisms that lie behind the varying levels of public corruption and of effective governance taking place across nations. The first section develops a principal-agent model in which good governance is a function...