Ecuador - Creating Fiscal Space for Poverty Reduction : A Fiscal Management and Public Expenditure Review, Volume 1. Main Report
The report, a joint effort by the Bank, and the Inter-American Development Bank, seeks to provide the Ecuadorian authorities with a comprehensive account of both institutions' diagnoses and recommendations in the area of fiscal management and...
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| Format: | Public Expenditure Review |
| Language: | English en_US |
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Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2004/11/5525103/ecuador-creating-fiscal-space-poverty-reduction-fiscal-management-public-expenditure-review-vol-1-2-main-report http://hdl.handle.net/10986/14515 |
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okr-10986-14515 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING BANKS BASIC EDUCATION BENCHMARKS BUDGET EXECUTION BUDGET FORMULATION BUDGET PROCESS CIVIL SERVICE CORRUPTION COUNCILS CURRENCY CURRENT ACCOUNT DEBT DECENTRALIZATION DEFICITS DRINKING WATER ELECTRICITY ENVIRONMENTAL PROTECTION EXCHANGE RATE FINANCIAL MANAGEMENT FINANCIAL STABILITY FINANCIAL SYSTEM FINANCING SOURCES FISCAL BALANCE FISCAL DISCIPLINE FISCAL MANAGEMENT FISCAL PERFORMANCE FISCAL POLICIES FISCAL RESPONSIBILITY FISCAL TRANSPARENCY FREE TRADE GDP GOVERNMENT EXPENDITURES GROSS DOMESTIC PRODUCT HEALTH SPENDING HOUSING HUMAN DEVELOPMENT INCOME INDEBTEDNESS INFLATION INFRASTRUCTURE SERVICES INSURANCE INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERGOVERNMENTAL TRANSFERS I LIVING STANDARDS MINES MORTALITY MUNICIPALITIES NEGOTIATIONS NET WORTH NONTAX REVENUE OIL OIL PRICES POLICY RESEARCH POLITICAL ECONOMY POLITICAL SYSTEM POTENTIAL OUTPUT PRIVATE SECTOR PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURMANAGEMENT PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC GOODS PUBLIC INVESTMENT PUBLIC POLICY PUBLIC SECTOR PUBLIC SPENDING REVENUE MANAGEMENT REVENUE VOLATILITY SANITATION SAVINGS SERVICE DELIVERY SOCIAL EXPENDITURE SOUTH AMERICA SUBNATIONAL GOVERNMENTS TAX TAX EXPENDITURES TAX REFORM TAX REVENUE TAX REVENUES TELECOMMUNICATIONS TELEPHONE PENETRATION TOTAL REVENUE TREASURY WAGES WATER SUPPLY |
| spellingShingle |
ACCOUNTING BANKS BASIC EDUCATION BENCHMARKS BUDGET EXECUTION BUDGET FORMULATION BUDGET PROCESS CIVIL SERVICE CORRUPTION COUNCILS CURRENCY CURRENT ACCOUNT DEBT DECENTRALIZATION DEFICITS DRINKING WATER ELECTRICITY ENVIRONMENTAL PROTECTION EXCHANGE RATE FINANCIAL MANAGEMENT FINANCIAL STABILITY FINANCIAL SYSTEM FINANCING SOURCES FISCAL BALANCE FISCAL DISCIPLINE FISCAL MANAGEMENT FISCAL PERFORMANCE FISCAL POLICIES FISCAL RESPONSIBILITY FISCAL TRANSPARENCY FREE TRADE GDP GOVERNMENT EXPENDITURES GROSS DOMESTIC PRODUCT HEALTH SPENDING HOUSING HUMAN DEVELOPMENT INCOME INDEBTEDNESS INFLATION INFRASTRUCTURE SERVICES INSURANCE INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERGOVERNMENTAL TRANSFERS I LIVING STANDARDS MINES MORTALITY MUNICIPALITIES NEGOTIATIONS NET WORTH NONTAX REVENUE OIL OIL PRICES POLICY RESEARCH POLITICAL ECONOMY POLITICAL SYSTEM POTENTIAL OUTPUT PRIVATE SECTOR PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURMANAGEMENT PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC GOODS PUBLIC INVESTMENT PUBLIC POLICY PUBLIC SECTOR PUBLIC SPENDING REVENUE MANAGEMENT REVENUE VOLATILITY SANITATION SAVINGS SERVICE DELIVERY SOCIAL EXPENDITURE SOUTH AMERICA SUBNATIONAL GOVERNMENTS TAX TAX EXPENDITURES TAX REFORM TAX REVENUE TAX REVENUES TELECOMMUNICATIONS TELEPHONE PENETRATION TOTAL REVENUE TREASURY WAGES WATER SUPPLY World Bank Ecuador - Creating Fiscal Space for Poverty Reduction : A Fiscal Management and Public Expenditure Review, Volume 1. Main Report |
| geographic_facet |
Latin America & Caribbean Ecuador |
| relation |
Public expenditure review (PER); |
| description |
The report, a joint effort by the Bank,
and the Inter-American Development Bank, seeks to provide
the Ecuadorian authorities with a comprehensive account of
both institutions' diagnoses and recommendations in the
area of fiscal management and public expenditure. This
report consists of two volumes. Volume I examines whether,
and how, the core goals of public expenditure management,
i.e., balanced fiscal aggregates, resource allocations to
strategic sectors, and equity and microeconomic efficiency
of public spending are met in Ecuador. Volume II presents
sector studies on fiscal sustainability, the fiscal rules,
education, health, pensions, water and sanitation,
electricity, telecommunications, and oil, including the
results of a national teachers tracking survey, as it
concerns the education sector. It focuses on the main themes
that are critical to Ecuador's fiscal consolidation and
poverty reduction following dollarization. In most cases, it
does provide choices for key policy questions, and, provides
an independent analysis of the selected areas where both
Banks are specifically involved, and a set of possible
recommendations to address them. Volume I, in particular,
correctly identifies fiscal vulnerabilities in the new
context of dollarization, and proposes an adequate fiscal
management that increases expenditure flexibility, develops
budget management reform, increases public (social)
investment, and brings transparency to public expenditure.
All this is supported by an implicit proposal for a Fiscal
Pact for Poverty Reduction. For its part, Volume II deals
with sectoral policies and their link to fiscal management.
It identifies the most efficient and cost-effective
interventions in the social sectors, while making an optimal
use of the reduced and available fiscal space. The study
also recognizes the importance of political constraints, and
the difficulties of setting steady rules in a
non-cooperative game among national political actors that
are particularly reflected in budget allocations. It
correctly emphasizes the need to bring full transparency of
information on the management of public accounts among all
domestic actors, as a starting point for sectoral reform.
The study should contribute to align fiscal and
institutional policies in the social and basic
infrastructure sectors, and to strengthen them in the
context of the ongoing negotiations for a Free Trade
Agreement with the United States, while preserving difficult
domestic equilibria on the development agenda. |
| format |
Economic & Sector Work :: Public Expenditure Review |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Ecuador - Creating Fiscal Space for Poverty Reduction : A Fiscal Management and Public Expenditure Review, Volume 1. Main Report |
| title_short |
Ecuador - Creating Fiscal Space for Poverty Reduction : A Fiscal Management and Public Expenditure Review, Volume 1. Main Report |
| title_full |
Ecuador - Creating Fiscal Space for Poverty Reduction : A Fiscal Management and Public Expenditure Review, Volume 1. Main Report |
| title_fullStr |
Ecuador - Creating Fiscal Space for Poverty Reduction : A Fiscal Management and Public Expenditure Review, Volume 1. Main Report |
| title_full_unstemmed |
Ecuador - Creating Fiscal Space for Poverty Reduction : A Fiscal Management and Public Expenditure Review, Volume 1. Main Report |
| title_sort |
ecuador - creating fiscal space for poverty reduction : a fiscal management and public expenditure review, volume 1. main report |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/11/5525103/ecuador-creating-fiscal-space-poverty-reduction-fiscal-management-public-expenditure-review-vol-1-2-main-report http://hdl.handle.net/10986/14515 |
| _version_ |
1764428909202374656 |
| spelling |
okr-10986-145152021-04-23T14:03:18Z Ecuador - Creating Fiscal Space for Poverty Reduction : A Fiscal Management and Public Expenditure Review, Volume 1. Main Report World Bank ACCOUNTING BANKS BASIC EDUCATION BENCHMARKS BUDGET EXECUTION BUDGET FORMULATION BUDGET PROCESS CIVIL SERVICE CORRUPTION COUNCILS CURRENCY CURRENT ACCOUNT DEBT DECENTRALIZATION DEFICITS DRINKING WATER ELECTRICITY ENVIRONMENTAL PROTECTION EXCHANGE RATE FINANCIAL MANAGEMENT FINANCIAL STABILITY FINANCIAL SYSTEM FINANCING SOURCES FISCAL BALANCE FISCAL DISCIPLINE FISCAL MANAGEMENT FISCAL PERFORMANCE FISCAL POLICIES FISCAL RESPONSIBILITY FISCAL TRANSPARENCY FREE TRADE GDP GOVERNMENT EXPENDITURES GROSS DOMESTIC PRODUCT HEALTH SPENDING HOUSING HUMAN DEVELOPMENT INCOME INDEBTEDNESS INFLATION INFRASTRUCTURE SERVICES INSURANCE INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERGOVERNMENTAL TRANSFERS I LIVING STANDARDS MINES MORTALITY MUNICIPALITIES NEGOTIATIONS NET WORTH NONTAX REVENUE OIL OIL PRICES POLICY RESEARCH POLITICAL ECONOMY POLITICAL SYSTEM POTENTIAL OUTPUT PRIVATE SECTOR PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURMANAGEMENT PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC GOODS PUBLIC INVESTMENT PUBLIC POLICY PUBLIC SECTOR PUBLIC SPENDING REVENUE MANAGEMENT REVENUE VOLATILITY SANITATION SAVINGS SERVICE DELIVERY SOCIAL EXPENDITURE SOUTH AMERICA SUBNATIONAL GOVERNMENTS TAX TAX EXPENDITURES TAX REFORM TAX REVENUE TAX REVENUES TELECOMMUNICATIONS TELEPHONE PENETRATION TOTAL REVENUE TREASURY WAGES WATER SUPPLY The report, a joint effort by the Bank, and the Inter-American Development Bank, seeks to provide the Ecuadorian authorities with a comprehensive account of both institutions' diagnoses and recommendations in the area of fiscal management and public expenditure. This report consists of two volumes. Volume I examines whether, and how, the core goals of public expenditure management, i.e., balanced fiscal aggregates, resource allocations to strategic sectors, and equity and microeconomic efficiency of public spending are met in Ecuador. Volume II presents sector studies on fiscal sustainability, the fiscal rules, education, health, pensions, water and sanitation, electricity, telecommunications, and oil, including the results of a national teachers tracking survey, as it concerns the education sector. It focuses on the main themes that are critical to Ecuador's fiscal consolidation and poverty reduction following dollarization. In most cases, it does provide choices for key policy questions, and, provides an independent analysis of the selected areas where both Banks are specifically involved, and a set of possible recommendations to address them. Volume I, in particular, correctly identifies fiscal vulnerabilities in the new context of dollarization, and proposes an adequate fiscal management that increases expenditure flexibility, develops budget management reform, increases public (social) investment, and brings transparency to public expenditure. All this is supported by an implicit proposal for a Fiscal Pact for Poverty Reduction. For its part, Volume II deals with sectoral policies and their link to fiscal management. It identifies the most efficient and cost-effective interventions in the social sectors, while making an optimal use of the reduced and available fiscal space. The study also recognizes the importance of political constraints, and the difficulties of setting steady rules in a non-cooperative game among national political actors that are particularly reflected in budget allocations. It correctly emphasizes the need to bring full transparency of information on the management of public accounts among all domestic actors, as a starting point for sectoral reform. The study should contribute to align fiscal and institutional policies in the social and basic infrastructure sectors, and to strengthen them in the context of the ongoing negotiations for a Free Trade Agreement with the United States, while preserving difficult domestic equilibria on the development agenda. 2013-07-23T23:30:05Z 2013-07-23T23:30:05Z 2004-11-17 http://documents.worldbank.org/curated/en/2004/11/5525103/ecuador-creating-fiscal-space-poverty-reduction-fiscal-management-public-expenditure-review-vol-1-2-main-report http://hdl.handle.net/10986/14515 English en_US Public expenditure review (PER); CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Public Expenditure Review Economic & Sector Work Latin America & Caribbean Ecuador |