has been made in reforming the trade and financial sectors. In terms of tax reform and privatization, the record has been … the middle class. This disapproval, rather than reflecting concerns about the state of the economy or the degree of …

In this paper detailed information on the budget institutions of Latin American countries is collected. These …

This book presents a new framework for analyzing the political economy of budget processes in Latin America that is … based on the following premises: i) the budget process must be considered as part of the overall policymaking process rather … than in isolation; ii) budget outcomes cannot be fully explained on the basis of only one or two political or institutional …

recent financial crisis. However, government credit concessions continued to expand after the economy recovered. This paper …

debt restructuring program for subnational governments, the reduction of trade barriers, a wave of privatizations, and the …

expenditures. In practice, forms of government vary greatly, and budget institutions -the rules according to which budgets are … hierarchical budget rules, presidential and parliamentary systems generate a similar incentive structure for the executive branch … found to have a negative impact on government size only when executive discretion in the budget process is low (that is, in …