International development institutions frequently prescribe improving public financial management (PFM) as part of the response to lowering corruption levels in low- and middle-income countries. But to date, there has been little cross-country analysis on whether better PFM is associated with...

Strong fiscal institutions have contributed to Chile's macroeconomic stability, and recent reform initiatives have focused on enhancing these institutions and fiscal transparency. This report assesses fiscal transparency practices in Chile in relation to the requirements of the IMF's Fiscal...