Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/87924 
Year of Publication: 
1998
Series/Report no.: 
Working Paper No. 368
Publisher: 
Inter-American Development Bank, Office of the Chief Economist, Washington, DC
Abstract: 
Although the region remains highly centralized, the tendency toward decentralization is quite strong. Not only is a larger portion of the general government budget executed from the subnational government level, the autonomy that these governments have in deciding how much to spend and what to spend on is increasing as well. In this context, it is important to analyze the possible effects of the move toward decentralization on fiscal performance.
Document Type: 
Working Paper

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