Jul 2022
Author(s): Smoke, Paul;Gómez-Álvarez, David;Muñoz Miranda, Andrés;Radics, Axel
In early 2020, once the severity was recognized on a global scale, the COVID-19 pandemic quickly became the most immediately pressing crisis. In addition to the general demands the pandemic created…
Jul 2022
Author(s): Astudillo, Karen;Fretes Cibils, Vicente;Pessino, Carola;Rossignolo, Darío
Latin American and Caribbean countries have made efforts to ensure that fiscal policies do not cause biases toward women. However, depending on where the tax burden falls, taxes do create gender…
Jun 2022
Author(s): Pessino, Carola;Altinok, Nadir;Chagalj, Cristian
There is scant empirical economic research regarding the way that Latin American governments efficiently allocate their spending across different functions to achieve higher growth. While most papers…
May 2022
Author(s): Barreix, Alberto Daniel;Bes, Martín;González, Ubaldo;Pineda, Emilio;Riccardi, Andrea
A finales de 2021, 137 países llegaron a un acuerdo para reformar aspectos internacionales del impuesto a la renta de sociedades (IS) y prevenir la erosión de la base imponible que permite la…
May 2022
Author(s): Muñoz Miranda, Andrés;Calderón, Ana Cristina;González, Ubaldo;Pessino, Carola;Calijuri, Mónica;Reyes-Tagle, Gerardo;Ardanaz, Martín;Nicaretta, Romina
Este documento discute cómo la transformación digital de la gestión fiscal puede contribuir para fortalecer la sostenibilidad de las finanzas públicas, impulsar el crecimiento, económico y fomentar…
May 2022
Author(s): Gomez-Gonzalez, Jose E.;Uribe, Jorge M.;Valencia, Oscar
This paper studies volatility spillovers in credit default swaps (CDS) between the corporate sectors and Latin American countries. Daily data from October 14, 2006, to August 23, 2021, are employed.…
May 2022
Author(s): Garde, María José;Manatta, Zayda;Pineda, Emilio;De Michele, Roberto
The availability of beneficial ownership information on legal persons and arrangements is a key requirement of tax transparency and a key instrument in the fight against tax evasion and other…
May 2022
Author(s): Garde, María José;Manatta, Zayda;Pineda, Emilio;De Michele, Roberto
La disponibilidad de información sobre el beneficiario final de las personas e instrumentos jurídicos es un requisito fundamental de la transparencia fiscal y un instrumento clave en la lucha contra…
May 2022
Author(s): Valencia, Oscar;Gomez-Gonzalez, Jose E.;Sánchez, Gustavo
This paper studies the effect of fiscal rules on debt affordability in a large set of developed and emerging market economies, using a panel data model which allows the inclusion of weakly exogenous…
May 2022
Author(s): Ardanaz, Martín;Bonet, Jaime Alfredo;Garson, Sol;Huanqui Valcárcel, Silvana;Muñoz Miranda, Andrés;Pérez, Gerson Javier;Slack, Enid
Cities are important drivers of productivity, innovation, and economic growth. To achieve their full economic potential, cities must deliver high-quality public services to their residents and…
May 2022
Author(s): Martínez Fritscher, André;Mac Dowell, Maria Cristina;Ferreira, Soraya Naffah;Gazel, Ricardo
Este artigo analisa o impacto do Projeto de Modernização da Gestão Fiscal dos Estados (Profisco I), financiado pelo Banco Interamericano de Desenvolvimento, na arrecadação estadual, número de…
Apr 2022
Author(s): Reyes-Tagle, Gerardo;Trujillo, Verónica;Cessa, Rubén;Suazo, Nicolle
Las asociaciones público-privadas (APP) siguen largos y complejos procesos de diseño e implementación, y durante su ejecución, enfrentan problemas de transparencia y de atribución de…
Apr 2022
Author(s): Ter-Minassian, Teresa;Muñoz Miranda, Andrés
This paper focuses on the design of intergovernmental transfers to reduce vertical and horizontal fiscal imbalances and improve the performance of subnational governments. It provides an overview of…
Apr 2022
Author(s): Carvalho, Joana;Reyes-Tagle, Gerardo
Public-private partnerships (PPPs) have been used to address the need for the implementation of huge investment programs and to bridge the infrastructure gap that exists in Latin American and…
Apr 2022
Author(s): Pessino, Carola;Cont, Walter
Frente a beneficios previsionales de los regímenes de capitalización en niveles mucho más bajos que los previstos, los gobiernos de la región de América Latina han logrado garantizar pensiones…
Apr 2022
Author(s): Radics, Axel;Vázquez, Francisco;Pérez Benítez, Noel;Ruelas, Ignacio
El Panorama de las Relaciones Fiscales entre Niveles de Gobierno en América Latina y el Caribe es una publicación conjunta del Banco Interamericano de Desarrollo (BID) y la Comisión Económica para…
Apr 2022
Author(s): Kim, Jae-Jin;Kim, Hyoeun;Kim, Sewon;Reyes-Tagle, Gerardo
This publication reviews the history of digitalization of tax administration in Korea dating back to the 1990s and shares the countrys experience and know-how in building an efficient e-taxation…
Apr 2022
Author(s): Martínez-Vázquez, Jorge;Muñoz Miranda, Andrés;Angarita, Matilde
Las transferencias de capital, es decir, los recursos transferidos con el propósito de ayudar a financiar inversiones de capital de los gobiernos subnacionales, siguen siendo un instrumento necesario…
Mar 2022
Author(s): Barreix, Alberto Daniel;Bes, Martín;Fonseca, Oscar;Fonteñez, María;Morán, Dalmiro;Pineda, Emilio;Roca, Jerónimo
As the COVID-19 pandemic ends, the large fiscal imbalances will require Latin American and Caribbean (LAC) governments to pursue fiscal consolidation policies by increasing revenues and/or reducing…
Mar 2022
Author(s): Barreix, Alberto Daniel;Bes, Martín;Fonseca, Oscar;Fonteñez, María;Morán, Dalmiro;Pineda, Emilio;Roca, Jerónimo
A la salida de la pandemia los desequilibrios fiscales requerirán que en América Latina y el Caribe se implementen políticas de consolidación, aumentando los ingresos y/o reduciendo los gastos. En…