Public Finances, Stabilization and Structural Reform in Latin America - Couverture souple

Perry, Guillermo; Herrera, Ana Maria

Couverture souple

ISBN 10 : 094060292X ISBN 13 : 9780940602922

Editeur : The Johns Hopkins University Press / The Inter-American Development Bank, 1995

Synopsis

The relationship between macroeconomic developments and the management of public finances played a key role throughout Latin America's economic crisis and subsequent recovery. While in the 1980s fiscal deficits and balance of payments problems went hand in hand, fiscal adjustments and macroeconomic reforms since then have stabilised the economies of many Latin American countries. Public Finances, Stabilisation and Structural Reform in Latin America analyses the connection between these macroeconomic and fiscal developments. The book examines how overvalued exchange rates in the region reduced the base and tax revenues. It also looks at the fiscal impact of specific elements of the reform process, such as decentralisation and privatisation. Studies of four countries Argentina, Chile, Colombia, and Mexico extract long-term trends with respect to the management of public finances, particularly tax systems. However, differences in initial conditions, economic structure, and management of economic and fiscal policy point to the importance of tailoring recommendations to the specific circumstances of each country's economy.

Détails de l'édition

• Éditeur: The Johns Hopkins University Press / The Inter-American Development Bank
• Date d'édition: 1995
• Langue: anglais
• ISBN 10: 094060292X
• ISBN 13: 9780940602922
• Reliure: Broché
• Nombre de pages: 140
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible