Skip to main content
Institutional Change and Fiscal Effects
EN

Project Detail

Country

Regional

Project Number

TC0002000

Approval Date

February 8, 2000

Project Status

Closed

Project Type

Technical Cooperation

Sector

-

Subsector

-

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 150,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 150,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/SF-6885-RG Sovereign Guaranteed USD - United States Dollar Fund for Special Operations Nonreimbursable
Operation Number ATN/SF-6885-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Fund for Special Operations
  • Financial Instrument: Nonreimbursable
Blogs
Published 2023
Desafíos y oportunidades para fortalecer la institucionalidad fiscal en Chile en la pospandemia
Chile tiene la oportunidad de volver a reformar sus instituciones fiscales, con focos en la eficiencia del gasto, la transparencia y la creación de un nuevo pacto fiscal que permita financiar las demandas sociales de modo responsable, con anclajes robustos y trayectorias sostenibles.
Publications
Published 2021
Fiscal Impact of PPPs in Latin America and the Caribbean
Os Documentos de Discusso PPP Américas 2021 compem uma série de textos desenvolvidos em preparaço à décima ediço do PPP Américas. O evento é o maior fórum sobre Parcerias Público Privadas (PPP) na América Latina e no Caribe (ALC) e é organizado a cada dois anos pelo Banco Interamericano de Desenvolvimento (BID). Motivados pelo PPP Américas 2021, foram reunidos oito grupos temáticos, com especialistas, profissionais, consultores e acadmicos envolvidos diretamente na preparaço, identificaço, estruturaço e gesto de projetos de infraestrutura no formato de PPPs nos países da regio. Sob coordenaço dos especialistas do BID, os grupos revisaram os mais atuais temas de interesse no mbito das parcerias para infraestrutura econmica e social, com o objetivo de trocar experincias e debater casos de sucesso e liçes aprendidas. Este documento “Impacto Fiscal das PPPs na América Latina e no Caribe”, reúne as principais concluses e recomendaçes discutidas pelo grupo e busca contribuir para a consolidaço de um ambiente de troca de conhecimento sobre infraestrutura e PPPs na regio, oferecendo uma discusso ampliada sobre o impacto fiscal dos projetos de PPP na América Latina e no Caribe.
Publications
Published 2021
Growth Recoveries (from Collapses)
This paper analyzes the behavior of a long list of economic variables during episodes of recovery from an economic collapse. A set of stylized facts is proposed so as to depict what in this work is called \saygrowth recoveries. Through different estimation techniques, it is inferred under which conditions and policies the likelihood of experiencing a growth recovery increases. The results of the paper indicate that collapses tend to occur in countries with high dependence on natural resource rents, macroeconomic mismanagement, low levels of democratic accountability and rule of law and high levels of conflict. Recoveries, on the other hand, tend to be longer than collapses and are more likely to occur in contexts of: improved external conditions, less natural resource rents, balanced fiscal accounts, where the exchange rate corrects but within a more fixed exchange rate regime and a more restricted financial account, and where there are: rebounds in private consumption, increases in international trade and improvements on property rights.
Blogs
Published 2023
Fiscal Rules for a Debt-Plagued Region
With a long history of recurrent and costly debt crises, Latin American governments have long sought to find a way to curb the fiscal deficits that stoke the debt problem. Those efforts gathered steam over the course of the 2000s when numerous governments in the region began adopting fiscal rules, which seek to curb politicians’
Blogs
Published 2023
Fiscal Fatigue in Latin America and the Caribbean: A Growing Threat
During the COVID-19 pandemic, governments in Latin America and the Caribbean spent generously to support families, firms and banks, helping to ease the economic pain but also pushing public debt well above historic levels. Those levels of debt, which stood at 72% of GDP across the region in 2020, create substantial strain on countries in
Blogs
Published 2023
Cuatro áreas de acción para acelerar el crecimiento económico equitativo y sostenible en América Latina y el Caribe
Conoce cuatro áreas de acción en términos de política y gestión fiscal para accelerar el crecimiento económico equitativo y sostenible en América Latina y el Caribe.
Blogs
Published 2023
El ascenso de los consejos fiscales en América Latina y el Caribe
En la última década se ha observado un fuerte aumento en el número de consejos fiscales que existen en el mundo, tendencia que fue aún más pronunciada entre los países de América Latina y el Caribe (ALC).
Blogs
Published 2023
¿Cómo incorporar la perspectiva plurianual a la política fiscal a través de los marcos de mediano plazo?
En este blog explicamos cómo funcionan los Marcos de Mediano Plazo (MMP), sus principales ventajas y cuáles son las mejores prácticas a la luz de la experiencia internacional.
Blogs
Published 2023
Fiscal Rules for Commodity-Dependent Economies
In recent decades, numerous governments in Latin America and the Caribbean have adopted fiscal rules, which try to enforce fiscal discipline on governments and stop them from pro-cyclical spending, which involves spending too much when times are good and taking the ax to spending when times are bad. Pro-cyclical policies have been a historical trend
Publications
Published 2020
Design and Performance of Mining and Petroleum Fiscal Regimes in Latin America and the Caribbean: Survey of Current Practices, Lessons Learned and Best Practices
This report reviews the taxation of oil, gas, and mining sectors by the governments of the major Latin American and Caribbean producing countries. It finds the fiscal regimes in place to be complex and widely divergent in terms of form and structure. The report describes how most of the existing regimes tend to unintentionally discourage investment, limit production, and create deadweight losses that impede the governments ability to realize the full value and benefits of their resource endowments. These conclusions are based on an analysis of deadweight losses using a model of resource exploration and development that recognizes and incorporates investors likely reactions to various fiscal provisions in the attempt to maximize private operator value via the minimization of the burden of taxation. This behavioral approach to the investors reaction to taxes is designed to identify potential distortions to the plan of exploitationdistortions that may to some extent impair benefits (revenues, jobs, production) that the government would hope to capture through the fiscal regime.
Powered by FindIT
Jump back to top