Based on a sample of countries in Latin America and the Caribbean, this book sets out areas in which governments could focus to improve the quality of public expenditures. It seeks to identify, from a regional perspective, first, the cross-cutting strengths and weaknesses of public financial...

The case studies focus on specific attempts made by a number of small states to overcome the handicaps of their size and isolation and take advantage of growing opportunities for integration with their neighbors and with the rest of the world. Two policy issues have been of prime importance in...