Advanced Search
MyIDEAS: Login to save this paper or follow this series

The Role of Fiscal Transparency in Sustaining Stability and Growth in Latin America


Author Info

  • Taryn Parry
Registered author(s):


    Latin America has experienced a resurgence in growth in recent years. However, it is also a region that has been prone to crises while growth has not delivered a significant reduction in poverty and inequality. Maintaining a strong and stable macroeconomic performance in Latin America will depend on further cuts in public debt, identification and reduction of fiscal vulnerabilities and improvements in the quality of public spending. Improvements in governance and the business environment will also aid in attracting investment. This paper draws on assessments of fiscal transparency in twelve countries in Latin America to highlight good fiscal management and improvements in fiscal transparency that might enhance the prospect for sound fiscal performance and a more favorable investment environment. This would be an important step toward sustaining stable, higher quality growth in the region.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Download Restriction: no

    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 07/220.

    as in new window
    Length: 44
    Date of creation: 01 Sep 2007
    Date of revision:
    Handle: RePEc:imf:imfwpa:07/220

    Contact details of provider:
    Postal: International Monetary Fund, Washington, DC USA
    Phone: (202) 623-7000
    Fax: (202) 623-4661
    Web page:
    More information through EDIRC

    Order Information:

    Related research

    Keywords: Fiscal transparency; Fiscal management; Latin America; Economic growth; fiscal policy; fiscal activities; contingent liabilities; decentralization; fiscal risks; annual budget; budget constraint; budget process; fiscal responsibility; fiscal data; public debt; fiscal vulnerabilities; budget institutions; fiscal performance; budget activities; external audit; quasi-fiscal activities; central government budget; fiscal rules; fiscal responsibility laws; medium-term budget; tax administration; fiscal information; budget framework; government finances; public finances; annual budget process; medium-term budget framework; fiscal framework; budget execution; internal audit; budget documents; internal control; fiscal sustainability; government budget; financial management; tax system; intergovernmental transfers; fiscal policies; fiscal reports; fmis; tax systems; taxation; fiscal reforms; budget preparation process; medium-term fiscal framework; fiscal responsibility law; budget preparation; government expenditure; fiscal position; fiscal vulnerability; budget document; executive budget; public financial institutions; tax reform; fiscal prudence; fiscal risk; budget outturn; government guarantees; fiscal outcomes; budget estimates; tax evasion; current expenditure; financial management information; fiscal crises; fiscal decentralization; budget execution data; fiscal reporting; fiscal consolidation; fiscal adjustment; financial management system; unrealistic budgets; budget proposal; fiscal policy adjustment; fiscal aggregates; budget law; tax effort; public expenditure; contingent liability; internal control system; budget transfers; budget deficits; fiscal imbalance; cyclical fiscal policy; budget requirements; fiscal pressures; budget amendments; current expenditures; financial management information systems; government finance; budget implementation; budget execution reports; budget formulation process; annual budget preparation; fiscal constraint; budget year; fiscal decisions; budget discussions; budget formulation; fiscal federalism; public investment; government finance statistics; fiscal discipline; budget requests; fiscal relations; tax credit; fiscal targets; budget activity; fiscal consequences; fiscal resources; tax collections; tax base; budget transactions; budget constraints; fiscal affairs; local revenues; tax bases; fiscal activity; annual budget execution; fiscal priorities; tax collection; financial management information system; fiscal policy objectives; fiscal responsibilities; fiscal savings; government employment; executive budget proposal; fiscal deficit; revenue projections; budget submissions; fiscal projections; revenue collection; fiscal stabilization; fiscal stance; fiscal balances; government policies; fiscal operations; intergovernmental fiscal; medium-term macroeconomic framework; budget decisions; intergovernmental fiscal relations; budget proposals; public spending; central government fiscal; reports on budget execution; budget decision; annual accounts; fiscal impact; fiscal institutions; extrabudgetary funds; tax incentives; capital investment; fiscal policy decisions; quality of public spending; budget envelope; state budget; budget work; government deposits; fiscal agent; fiscal consolidation efforts; fiscal constraints; fiscal affairs department; organic budget law; budget period; fiscal restructuring; fiscal balance; budget documentation;

    This paper has been announced in the following NEP Reports:


    No references listed on IDEAS
    You can help add them by filling out this form.



    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:07/220. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.