This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to...

A weakness of decentralization and overall tax reforms in Latin America is the lack of attention to adequate taxation at the subnational government. A reliance on shared taxes with extensive earmarking leads to weak subnational accountability and soft budget constraints. The paper explores the...

La creciente conflictividad de las relaciones financieras entre los gobiernos nacional y provinciales ha motivado, durante los ultimos anos, un intenso debate. En ese contexto, la reciente reforma constitucional establecio la obligacion de sancionar un nuevo regimen de coparticipacion federal de...