Outlook of Fiscal Relations among Government Levels in Latin America and the Caribbean
The Inter-American Development Bank (IDB) and Economic Commission for Latin
America and the Caribbean (ECLAC) have prepared this publication, Outlook of
Fiscal Relations among Government Levels in Latin America and the Caribbean,
with the financial support of the Spanish Agency for International Development
Cooperation (AECID).
Outlook of Fiscal Relations among Government Levels in Latin America and the
Caribbean is a joint publication prepared by the Inter-American Development Bank
(IDB) and the Economic Commission for Latin America and the Caribbean (ECLAC)
with the aim of providing a regional and national analysis of the subnational public
finances of the countries of the region. These pages present detailed and internationally
comparable statistics on the subnational public finances of 26 Latin American and
Caribbean IDB borrower countries, including unpublished information on some
Caribbean countries. Also included are analyses of themes from the IDB’s Vision 2025:
Reinvest in the Americas, such as the contribution of subnational finance to gender
equality and climate change. Chapter 1 presents major regional trends and identifies progress and challenges in fiscal
relations between levels of government. Chapter 2 is devoted to the development of
a special theme, which in this first edition is the impact of the crisis caused by the
coronavirus (COVID-19) pandemic on subnational public finances.