Aug 2015
Author(s): Musacchio, Aldo; Pineda, Emilio; García, Gustavo A.
This paper examines the challenges governments in Latin America face to control their state-owned enterprises (SOEs). It argues that, absent privatization, governments can rely on a variety of…
Jul 2013
Author(s): Marcel, Mario
This paper discusses the merits of alternative definitions of the structural budget in the context of their use in the design and implementation of fiscal rules. To this end, the paper argues that…