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Social investment funds are prominent instruments in developing countries that aim at providing financial resources for social infrastructure projects to poor municipalities. In contrast to traditional, more centralised distribution mechanisms of such funds, the Bolivian Fondo de Inversión...
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Bolivia's 1994 decentralization led to changes in the geographic allocation of funds and to the development of … Bolivia devolved substantial resources from central agencies to municipalities in 1994. By far the most important determinant … relationship with need in agriculture and the social sectors. In sectors where decentralization did not bring about changes, the …
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