|
|
|
|
||||
|
||||
Is Latin America on the Right Track? An Analysis of Medium-Term Frameworks and the Budget ProcessGabriel FilcCenter for the Implementation of Public Policies (CIPPEC) Carlos ScartasciniResearch Department - Inter-American Development Bank (IDB) March 2010 IDB Working Paper No. 45 Abstract: Medium Term Fiscal Frameworks (MTFs) have become one of the most popular reforms to the budgetary process in Latin America during the last decade, and introducing MTFs seemed to be the magic solution for most fiscal ailments. Nonetheless, there has been no comprehensive evaluation of their impact. This document discusses the normative merits of using MTFs, provides a characterization of the different types of MTF, and describes their development in the Latin American region based on extensive field work. As a first approximation for understanding how they are working, this document explores in detail the cases of Argentina, Colombia and Peru. While an unambiguous diagnosis is not possible, this document lays the groundwork for progress toward comprehensive impact evaluations and, eventually, to the consolidation of MTFs in the region.
Number of Pages in PDF File: 49 working papers seriesDate posted: April 21, 2011Suggested CitationContact Information
|
|
||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo6 in 0.609 seconds
