"This paper discusses trends in fiscal adjustment in Brazil since the 1990s, with particular emphasis on the strengthening of institutions for fiscal policymaking, and its effect on local government finances and their ability to invest in infrastructure building and upgrading. Although fiscal...

INDICE: La consolidación fiscal en España: una tarea compartida. Algunas reflexiones entorno al gasto autonómico. Necesidades, crisis y endeudamiento de las Comunidades Autónomas. El sistema sanitario y de dependencia: situación y perspectivas. La autonomía tributaria de las Comunidades...

This article provides empirical evidence on the effect of fiscal consolidation in decentralized countries. The focus on Spain is justified for three reasons. First, it is one of the OECD countries that has been the most affected by the Great Recession in terms of both GDP and public deficit....