NDLI: Policy Coherence for Development. Better, Fairer, More: Fiscal Policy and Legitimacy.

Please wait, while we are loading the content...

Latin American Economic Outlook 2016. Towards a New Partnership with China.

Latin American Economic Outlook 2015. Education, Skills and Innovation for Development.

Latin American Economic Outlook 2014. Logistics and Competitiveness for Development.

Latin American Economic Outlook 2013. SME Policies for Structural Change.

Latin American Economic Outlook 2012. Transforming the State for Development.

Latin American Economic Outlook 2011. How Middle-Class Is Latin America?.

Latin American Economic Outlook 2010

Latin American Economic Outlook 2009

Latin American Economic Outlook 2008

Introduction and Overview

Policy Coherence for Development. Better, Fairer, More: Fiscal Policy and Legitimacy.

Finance for Development. Pension Reform, Capital Markets and Corporate Governance.

Business for Development. Multinationals, Telecommunications and Development.

Trade for Development. China, India and the Challenge of Specialisation.

LEO 2006-2007 Activities and Publications

Policy Coherence for Development. Better, Fairer, More: Fiscal Policy and Legitimacy.

Content Provider	OECD iLibrary
Organization	OECD
Abstract	Fiscal legitimacy — the trust people place in their government’s fiscal policy — matters for economic development and democratic governance because it affects the quality of a country’s fiscal policy. Many countries in Latin America suffer from a vicious circle in which poor-quality fiscal policy hinders the generation of tax revenue and the effectiveness of public expenditure, thereby weakening fiscal and democratic legitimacy, which in turn undermines the quality of fiscal policy. Brazil and Mexico illustrate: Brazil collects and spends much, Mexico collects and spends little, but neither performs well in terms of fiscal quality. In the 1990s, fiscal reform in Latin America focused with some success on insulating fiscal policy from politics, but many reforms ultimately failed because they did not take local political realities into account. Today, politics is returning to the front of the debate on fiscal and especially tax reform, with the link between fiscal policy and democratic governance beginning to gain the attention it requires. Decision makers need to exploit the linkages between fiscal policy and democratic governance to successfully implement fiscal reform and address Latin America’s urgent social challenges. Local think tanks can contribute by stimulating a debate on policy options and so play a crucial role in enhancing transparency, but they require financial autonomy to ensure their intellectual independence.
Page Count	38
Starting Page	29
Ending Page	65
Language	English
Publisher	OECD Publishing
Publisher Date	2007-11-07
Access Restriction	Open
Subject Keyword	Development
Content Type	Text
Resource Type	Chapter

Central Library (ISO-9001:2015 Certified)
Indian Institute of Technology Kharagpur
Kharagpur, West Bengal, India | PIN - 721302

See location in the Map
03222 282435
Mail: support@ndl.gov.in

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in