Why are growth rates in Latin America so disappointing? This book reviews the results of an ambitious research project to determine the binding constraints to growth, that is, the barrier whose removal would yield the greatest benefit in terms of growth. Included are case studies from seven...

During the past two decades, Latin American countries have made pioneering efforts in reforming infrastructure services. The "first generation of reforms" encompassed widespread privatization, deregulation and restructuring of the provision of energy, water, transport and telecommunications...

This paper analyzes sub-national revenues in Argentina. Following a discussion of the recent evolution of government revenues and their vertical imbalance, the paper then analyzes the most important taxes collected by federal, provincial and local governments. Subsequently considered are the...

Promotion of foreign direct investment (FDI) has been a priority policy goal in Central America, Panama and Dominican Republic for the past twenty years. Fiscal benefits are among the policies that have been used to attract it. At first sight the model followed has been fruitful. In 2013 the...

This book analyzes the reasons for lackluster performance selected Latin American countries in mobilizing subnational own-source revenues and explores policy options to increase these revenues as efficiently and equitably as possible. Seven case studies--Argentina, Bolivia, Brazil, Colombia,...

Recientemente el BID ha encargado un estudio empírico que apunta a medir informalidad desde la concepción de informalidad impositiva a nivel de firmas para México (McKinsey (2009)). Con el objetivo de mejorar tanto el enfoque empírico aplicado como la base teórica para construir las...

El presente trabajo presenta un enfoque metodológico que permite medir a nivel de planta y de sectores la informalidad y la productividad en forma conjunta de manera tal de poder entender mejor y probar las distintas hipótesis sobre la relación entre ambas variables. Se destaca que la...

During the past two decades, Latin American countries have made pioneering efforts in reforming infrastructure services. The "first generation of reforms" encompassed widespread privatization, deregulation and restructuring of the provision of energy, water, transport and telecommunications...

El objetivo de este estudio es realizar una evaluación del gasto público en República Dominicana a fin de identificar los aspectos críticos y formular medidas concretas de reforma que permitan avanzar decididamente en mejorar la eficiencia, transparencia y focalización del gasto público....