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Over the past two decades, Peru has achieved remarkable economic success. Average annual Gross Domestic Product (GDP … Peru's economy striking fast and widely shared growth transformed Peru into an upper-middle income and diversified economy …. This report analyzes recent trends of the fiscal decentralization process in Peru and presents a set of reform options …
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This insightful study examines the decentralization experiences from 15 countries in different regions of the world. All of these countries have actively attempted to decentralize, or continue to do so, and have faced obstacles serious enough to either derail or significantly delay their...
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Peru represents a laboratory for examining the different approaches to the centralized or decentralized delivery of … public services over the past quarter of a century. There is a renewed and increasing interest in decentralization in Peru as …
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The purpose of this paper is to identify the causal relationship between intergovernmental transfers and fiscal effort. Empirical evidence from Peruvian municipalities supports a negative relation. The substitution effect is decreasing on the level of municipalities' expenditure and tends to...
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Intro -- Contents -- I. INTRODUCTION -- II. BACKGROUND -- III. DECENTRALIZATION AND OVERALL FISCAL CONSTRAINTS -- IV. LEGAL FRAMEWORK -- V. ASSIGNMENTS AND ACCOUNTABILITY -- VI. CONCLUSIONS -- References.
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