This paper studies the fiscal and energy implications of the surge in petroleum prices, estimating both direct and indirect effects. Since these economies are in an expansionary phase, it estimates a "latent" impact on GDP, which in turn leads to a latent loss in fiscal revenue of an average 0....

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...

The topics covered in the chapters of the report were presented and discussed in a conference organized by the IDB in Port of Spain on July 13th, 2004. After more than a decade of economic growth and despite encouraging prospects for the future, the Trinidad and Tobagp economy remains overly...

This study examines the barriers that have traditionally hindered private sector development in Suriname and presents a set of proposals to promote the role of the private sector as a driving force of Suriname's economic growth. The paper provides a description of the key characteristics of the...

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....

El propósito de este trabajo es analizar la situación fiscal de Ecuador y las perspectivas. Durante los años 2000 y 2001 el resultado del Sector Público No Financiero (SPNF) se convirtió en superavitario promediando 1.2% del PIB que se compara favorablemente con un déficit de casi 2% del...

This paper (IFM-115) evaluates a set of contractual adjustments, renegotiations and disputes that have taken place in different public utility industries in Argentina since 1991, considering: 1) Whether the decisions analyzed are inside the initial contract or represent a modification of it; 2)...

La preocupación central que motiva este informe es la sostenibilidad fiscal de Uruguay en un contexto de elevado endeudamiento externo. Los autores relacionan la sostenibilidad de la deuda con un análisis de sostenibilidad fiscal que busca ser informativo respecto de los supuestos para...

This paper analyzes budgetary institutions, the tax system and public debt management in Jamaica. It explores the nature of budget institutions and design, beyond formal administrative or budgetary procedures, to address the question of whether the demanding fiscal path Jamaica is following can...

La evolución de las finanzas públicas bolivianas ha sufrido un vuelco destacable en su desempeño entre 2004 y 2006, como resultado de un salto formidable en los ingresos provenientes de las exportaciones de gas natural. Este informe presenta los resultados de un estudio de tópicos...