Title: Macroeconomic challenges of fiscal decentralization in Latin America in the aftermath of the global financial crisis

Authors: Ter-Minassian, Teresa and Jiménez, Juan Pablo

Place: Santiago [etc.]

Publisher: [United nations (UN). Economic commission for Latin America and the Caribbean] (ECLAC). Economic development division [etc.]

Year: 2011

Journal: Serie macroeconomيa del desarrollo

Volume: 112

PAGE: --

Subject: Rural Decentralization and Local Governance

Keywords: decentralization in government, fiscal policy, economic policy, sustainable development, latin america

Abstract: This paper discusses how fiscal decentralization is affecting macro-economic management in the main Latin-American countries. Which fiscal reforms could help strengthen fiscal sustainability, minimize the risk of pro-cyclicality at all levels of government, and allow for countercyclical responses?

URL: http://www.eclac.cl/de/publicaciones/xml/7/43627/MD_112_Ter-Minassian.pdf

Document type: Portal