Latin America and the Caribbean are among the most decentralized global regions in the world. The nature and extent of (fiscal) decentralization in the region was recently established in the Outlook of Fiscal Relations among […]
What is the impact of increasing population movements from the countryside to cities and towns on the provision of local public services? How can urban and rural local governments cope? How do they finance these […]
A recent study by Teresa Ter-Minassian and Andrés Muñoz Miranda published by the Inter-American Development Bank aims at providing an overview of international experiences with the design and reform of intergovernmental transfers, especially in large […]
In a multi-level government system, the assignment of roles and responsibilities and institutional legacies between the federal and the subnational governments often create imbalances. A common challenges is a primary vertical fiscal imbalance, which is […]
Latin American countries have made great strides in increasing total revenue. The biggest challenge they face, however, is reforming tax institutions and rules. The importance of taxation as a development tool cannot be emphasized enough, […]
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