Outlook of Fiscal Relations among Government Levels in Latin America and the Caribbean

Axel Radics · Noel Pérez Benítez · Ignacio Ruelas

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Local Government Finance and Decentralization Fiscal Policies and Political Economy Economic Growth and Fiscal Policies

Abstract

The Outlook of Fiscal Relations among Levels of Government in Latin America and the Caribbean is a joint publication by the Inter-American Development Bank (IDB) and Economic Commission for Latin America and the Caribbean (ECLAC). This first issue, considered a flagship publication for the subnational public finance sector in the region, analyzes recent trends in Latin American and Caribbean countries in fiscal relations among government levels and in particular the impact of COVID on subnational public finances. The original publication is in Spanish and includes a third chapter that details the subnational finance situation in each of the 26 IDB member countries.

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References

2002The Dilemma of Fiscal Federalism: Grants and Fiscal Performance around the World 2008Second generation fiscal federalism: The implications of fiscal incentives 2003Reviving Leviathan: Fiscal Federalism and the Growth of Government 2009System of National Accounts

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