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...

This is the latest version available of this document. This paper follows the GDM approach, with the aim of identifying the binding constraints to Ecuadorian growth, defined as those constraints whose removal would have the largest payoff in terms of growth. As per the strategy, different...

This presentation corresponds to the study "Ecuador: Binding Constraints to Growth" in which the Growth Diagnostic Model (GDM) is followed with the aim of identifying the binding constraints to Ecuadorian growth, defined as those constraints whose removal would have the largest payoff in terms...

This study presents the case of Ecuador. The report describes the main actors (formal and informal) involved in the budget-making process, and presents evidence regarding the main political and economic determinants of fiscal performance. It also discusses whether different political and...

This book explains how economies, institutions, and politics interact to produce budget outcomes in Latin America, a region in which informality dominates public governance. It includes detailed country analyses which provide comparative knowledge about the workings of policymaking and budget...

This study describes the main actors (formal and informal) involved in the budget-making process in Ecuador, and presents evidence regarding the main political and economic determinants of fiscal performance. It also discusses whether different political and institutional arrangements governing...

This study describes the main actors (formal and informal) involved in the budget-making process in Ecuador, and presents evidence regarding the main political and economic determinants of fiscal performance. It also discusses whether different political and institutional arrangements governing...

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...