Improving Intergovernmental Relations
Edited by Giorgio Brosio and Juan P. Jiménez
Chapter 6: The financing of subnational governments
For most of the Latin American countries, the relationship between different levels of government and the reassignment of their respective responsibilities and financing have been of great significance to their economic, political and institutional development. Over the past decades, the region has undergone an intense and extensive process of decentralization, shifting the responsibility of various public functions to different levels of government. Although considerable time has elapsed since this process began, the impact of these various (and not always comparable) reforms has not been adequately evaluated, and the effectiveness of some has been doubtful. How public services and goods are provided, and the methods to allocate them among different levels of government, are central to achieving a sound, stable intergovernmental system and a sustainable decentralization. Systems of intergovernmental fiscal relationships, and the subnational governments involved, employ a variety of different financing instruments to fulfill the governments’ responsibilities. The amount of financing and the particular combination of instruments largely determine the success of the results.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.