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Who Decides the Budget? A Political Economy Analysis of the Budget Process in Latin America

Carlos Scartascini, Ernesto H. Stein, Emmanuel Abuelafia (), Sergio Berensztein, Miguel Braun, Luciano Di Gresia, Lee J. Alston, Marcus Melo, Bernardo Mueller (), Carlos Pereira, Mauricio Cardenas (), Carolina Mejía, Mauricio Olivera, Andrés Mejía Acosta, Vicente Albornoz, M. Caridad Araujo (), José R. Molinas, Aníbal Pérez-Liñán, Luis Carranza (), Jorge Chavez, José Valderrama, Juan Andrés Moraes, Daniel Chasquetti, Mario Bergara, José Manuel Puente, Abelardo Daza, Germán Ríos, Alesia Rodríguez and Mark Hallerberg

No 6725 in IDB Publications (Books) from Inter-American Development Bank

Abstract: 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 dimensions; iii) actual practices must be considered as well as formal rules; iv) budget processes affect dimensions of fiscal outcomes besides fiscal sustainability, particularly efficiency, adaptability, and representativeness; v) political actors and their incentives must be considered at different stages of the policymaking process and in different institutional contexts. Case studies are presented for eight countries in the region, and a final chapter presents conclusions and suggestions for further research.

Keywords: Latin America; Political economy; Policymaking process; Budget process; Budgets (search for similar items in EconPapers)
JEL-codes: H50 E62 E61 D72 (search for similar items in EconPapers)
Date: 2014
ISBN: 9781597821995
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