Fiscal Decentralization and Public Subnational Financial Management in Peru /

There is increasing interest in fiscal decentralization in Peru as a mechanism to generate more involved decision-making at the subnational level. This is tempered with a continuing emphasis on overall fiscal stability. However, considerable work needs to be undertaken to define more clearly expendi...

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Bibliografische gegevens
Hoofdauteur: Ahmad, Ehtisham
Andere auteurs: Garcia-Escribano, Mercedes
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2006.
Reeks:IMF Working Papers; Working Paper ; No. 2006/120
Online toegang:Full text available on IMF
Omschrijving
Samenvatting:There is increasing interest in fiscal decentralization in Peru as a mechanism to generate more involved decision-making at the subnational level. This is tempered with a continuing emphasis on overall fiscal stability. However, considerable work needs to be undertaken to define more clearly expenditure responsibilities and financing mechanisms that increase local accountability. In addition, a more transparent fiscal transfer system is needed, together with clarity in expenditure management at all levels of government. The paper suggests that a substantial work agenda is needed to extend the decentralization process with greater transparency.
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Fysieke beschrijving:1 online resource (25 pages)
Formaat:Mode of access: Internet
ISSN:1018-5941
Toegang:Electronic access restricted to authorized BRAC University faculty, staff and students