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Bringing PPPs into the Sunlight
This publication covers PPPs with a focus on the implications for public finances in developing economies. Chapter 1 seeks to answer the question of whether PPPs are the “genie in the bottle” for governments seeking to plug the infrastructure gap: do they solve more problems than they create? This discussion lays the groundwork for further analysis. Chapter 2 explores the underlying reasons for the expansion of PPPs, the definitions and scope of PPPs in different contexts, and the historical trajectory of PPPs throughout the world, highlighting the common factors that have led to their current popularity. Chapter 3 details the multitude of institutional frameworks built to accommodate PP...
Revenue Statistics in Latin America and the Caribbean 2016
This publication compiles comparable tax revenue statistics for a number of Latin American and Caribbean economies, the majority of which are not OECD member countries.
Revenue Statistics in Latin America and the Caribbean 2015
The Revenue Statistics in Latin America publication presents comparable tax revenue tax levels and tax structures statistics for a number of Latin American and Caribbean economies.
Climate Change Challenges and Opportunities in Latin America and the Caribbean
The analysis in the book suggests that LAC countries are facing substantial challenges related to climate change but have tools at their disposal to seize the opportunities that the climate change presents. To maximize opportunities and minimize the risks LAC countries will need to improve flexibility and adaptability of their economies. Policies aimed at supporting the reallocation of labor and capital across sectors, investing in basic skills and human capital, improving transparency and economic governance to encourage investment in technology and know-how, and creating fiscal space to manage the climate transition would help LAC countries position themselves to take advantage of the opportunities afforded by the climate transition.
Better Spending for Better Lives
How can this puzzle of larger demands and fiscal strengthening be solved? This edition of the development in the Americas (DIA) report focuses precisely on this question. The book suggests that the answer is about fiscal efficiency and smart spending rather than the standard solution of across-the-board spending cuts to achieve fiscal sustainability— sometimes at great cost for society. It is about doing more with less. · Analysis of government spending in Latin America and the Caribbean reveals widespread waste and inefficiencies that could be as large as 4.4 percent of the region’s GDP, showing there is ample room to improve basic services without necessarily spending more resources. · The publication argues against across-the-board cuts. It looks at whether countries spend too much or too little on different priorities, whether they invest enough to ensure a better future, and whether those expenditures make inequality better or worse. · Along with the diagnosis, the report offers several policy recommendations on how to improve the efficiency of government spending.
Rethinking Productive Development
Productive transformation requires seizing the opportunities available and opening new ones in a competitive world. Rethinking Productive Development examines the market failures impeding transformation and the government failures that may make the policy remedies worse than the market illness. To address market failures, the authors propose a simple conceptual framework based on the scope and nature of the policy approach. They then systematically analyze country policies through this lens in key areas such as innovation, new firms, financing, human capital, and internationalization to show the power of this way of thinking. Still, the book warns that policymakers cannot be sure what the right policy interventions are and must set up a process to discover them that calls for public-private collaboration. Recognizing that the risk of capture needs to be checked and that even the best policies will fail without the technical, organizational, and political capacity to implement them, the book concludes with ideas on how to design institutions fostering the right incentives and how to grow public sector capabilities over time.
Mejor gasto para mejores vidas
¿Cómo se puede resolver este rompecabezas de mayores demandas y fortalecimiento fiscal? Esta edición de Desarrollo en las Américas (DIA) se centra precisamente en esta pregunta. En sus páginas se sugiere que la respuesta tiene que ver con la eficiencia fiscal y con un gasto inteligente, y no con la solución estándar de hacer recortes generalizados del gasto público para lograr la sostenibilidad fiscal, en ocasiones a un gran costo para la sociedad. Se trata de hacer más con menos. · Un análisis de gasto fiscal en América Latina y el Caribe revela grandes ineficiencias y derroches que podrían sumar 4,4 por ciento del PIB. Esto demuestra que hay espacio para mejorar los servicios ...
¿Cómo repensar el desarrollo productivo?
Las políticas industriales a menudo han causado más daño que beneficio. El nuevo marco conceptual presentado en este libro permite a los países adoptar las políticas de desarrollo productivo necesarias para prosperar, evitando caer en los errores del pasado. El libro replantea el desarrollo productivo a través de la investigación de las fallas de mercado que impiden la transformación y de las fallas de gobierno que pueden convertir a los remedios de políticas en algo peor que los males de mercado. Utilizando un marco conceptual simple, basado en el alcance y naturaleza del enfoque de políticas, los autores sistemáticamente analizan las políticas de los países en áreas clave como innovación, empresas nuevas, financiamiento, capital humano e internacionalización. Reconociendo que incluso las mejores políticas fallarán sin la capacidad técnica, organizacional y política para implementarlas, el libro concluye con ideas sobré cómo diseñar instituciones con los incentivos adecuados, incrementar las capacidades del sector público a lo largo del tiempo y promover una constructiva colaboración público-privada.
