Decentralization and Macroeconomic Control

Ernesto Stein

Chapter 8 in The Local Alternative, 2011, pp 119-128 from Palgrave Macmillan

Abstract: Abstract For historical reasons dating back to the colonial age, Latin American governments have traditionally been highly centralized operations. Recently, however, they have embarked on accelerated decentralization processes. Despite encompassing various dimensions and different measures, one widely used indicator to measure the progress of decentralization is the amount of subnational spending in relation to total public spending. Figure 8.1 shows that both the median and average percentage of spending by subnational governments has increased in recent decades.

Keywords: Central Government; Latin American Country; Public Spending; Political Autonomy; Intergovernmental Transfer (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-11964-2_9

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DOI: 10.1057/9780230119642_9

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