Decentralization and Reform in Latin America

Edited by Giorgio Brosio, Department of Economics and Statistics, University of Turin, Italy and Juan Pablo Jiménez, Economic Commission for Latin America and the Caribbean (ECLAC), Chile and School of International and Public Affairs (SIPA), Columbia University, US

• Contents:Preface1. Introduction: Approaching Recent Transformations of Intergovernmental Relations from Multiple ProfilesGiorgio Brosio and Juan Pablo Jiménez2. Federalism and Fiscal Federalism: The Emergence and Distortion of the Centro-federalist Constitutional Model in its Political and Fiscal ManifestationsRoberto Gargarella and Gustavo Arballo3. Fiscal Decentralization: Increasing Social Cohesion Among Widely Disparate Territorial UnitsOscar Cetrángolo and Ariela Goldschmit4. Reflections on Two Decades of Social-spending DecentralizationJosé Roberto Afonso, Sulamis Dain, Vivian Almeida, Kleber Castro and Ana Cecília Faveret5. Fiscal Decentralization and Public InvestmentLuiz de Mello6. The Financing of Subnational GovernmentsJuan Carlos Gómez Sabaini and Juan Pablo Jiménez7. Explaining Property Tax Collections in Developing Countries: The Case of Latin AmericaCristian Sepulveda and Jorge Martinez-Vazquez8. Intergovernmental Transfers in Subnational FinancesFernando Rezende and João Veloso9. Intergovernmental Transfers: A Policy Reform PerspectiveJorge Martinez-Vazquez and Cristian Sepulveda10. The Intergovernmental Allocation of Revenue from Natural Resources: Finding a Balance between Centripetal and Centrifugal PressureGiorgio Brosio and Juan Pablo Jiménez11. Macroeconomic Challenges of Fiscal DecentralisationJuan Pablo Jiménez and Teresa Ter-Minassian 12. Fiscal Rules for Subnational Governments? Evidence from Latin AmericaVeronica Grembi and Alvaro Manoel13. Intergovernmental Reforms in Latin America, ‘Asian Transplants’ and the Role of International AgenciesEhtisham AhmadIndex

‘This volume provides a splendid and wide-ranging collection of studies analyzing the political-economy of decentralization in Latin-America. It’s a fascinating story with numerous and profound insights into how fiscal decentralization actually works in the context of a variety of fiscal institutions and in a setting with a high degree of inequality in the distribution of income and territorial disparities.’