Fiscal Decentralization and Public Subnational Financial Management in Peru /

There is increasing interest in fiscal decentralization in Peru as a mechanism to generate more involved decision-making at the subnational level. This is tempered with a continuing emphasis on overall fiscal stability. However, considerable work needs to be undertaken to define more clearly expendi...

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Hlavní autor: Ahmad, Ehtisham
Další autoři: Garcia-Escribano, Mercedes
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2006.
Edice:IMF Working Papers; Working Paper ; No. 2006/120
On-line přístup:Full text available on IMF
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245 1 0 |a Fiscal Decentralization and Public Subnational Financial Management in Peru /  |c Ehtisham Ahmad, Mercedes Garcia-Escribano. 
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520 3 |a There is increasing interest in fiscal decentralization in Peru as a mechanism to generate more involved decision-making at the subnational level. This is tempered with a continuing emphasis on overall fiscal stability. However, considerable work needs to be undertaken to define more clearly expenditure responsibilities and financing mechanisms that increase local accountability. In addition, a more transparent fiscal transfer system is needed, together with clarity in expenditure management at all levels of government. The paper suggests that a substantial work agenda is needed to extend the decentralization process with greater transparency. 
538 |a Mode of access: Internet 
700 1 |a Garcia-Escribano, Mercedes. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2006/120 
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