Fiscal Responsibility Legislation and Fiscal Adjustment : The Case of Brazilian Local Governments

This paper discusses trends in fiscal adjustment in Brazil since the 1990s, with particular emphasis on the strengthening of institutions for fiscal policymaking, and its effect on local government finances and their ability to invest in infrastructure building and upgrading. Although fiscal adjustm...

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Bibliographic Details
Main Author:	de Mello, Luiz
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTABILITY ACCOUNTING APPROPRIATIONS ASSET SALES BORROWING BUDGET EXECUTION CAPITAL MARKETS CAPITALS CENTRAL GOVERNMENTS CITIES COLLATERAL DEBT DEBT SERVICE DEBT SERVICING DEFICITS DISCLOSURE DISCLOSURE REQUIREMENTS ECONOMIC GROWTH ECONOMIC PERFORMANCE ELECTRICITY EXTERNALITIES FISCAL DECENTRALIZATION FISCAL MANAGEMENT FISCAL PERFORMANCE FISCAL POLICY FISCAL RESPONSIBILITY GOVERNMENT DEBT GOVERNMENT SPENDING HOUSING INCOME INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CONSTRAINTS INSTITUTIONAL FRAMEWORK INSURANCE INTEREST RATES INTERGOVERNMENTAL TRANSFERS INVESTMENT SPENDING LAWS LEGISLATION LEVIES LOAN GUARANTEES LOCAL BUDGETS LOCAL GOVERNMENT LOCAL GOVERNMENT SPENDING LOCAL GOVERNMENTS MACROECONOMIC STABILITY MANDATES METROPOLITAN AREAS MUNICIPAL MUNICIPAL GOVERNMENTS MUNICIPAL LEVEL MUNICIPALITIES NATIONAL GOVERNMENTS PENSIONS PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PRIVATIZATION PROVISIONING PROVISIONS PUBLIC PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC GOODS PUBLIC INVESTMENT PUBLIC OFFICIALS PUBLIC PROVISION PUBLIC RESOURCES PUBLIC SECTOR PUBLIC TRANSPORTATION REGIONAL GOVERNMENT REGIONAL GOVERNMENTS RETIREMENT REVENUE MOBILIZATION REVENUE SHARING ROADS SAVINGS SOCIAL EXPENDITURE SOCIAL SERVICES STATE GOVERNMENTS SUBNATIONAL GOVERNMENTS TAX TAX REVENUE TAX REVENUES TELECOMMUNICATIONS TRANSPORT TREASURY UNFUNDED MANDATES URBAN INFRASTRUCTURE URBAN TRANSPORTATION URBANIZATION WAGES
Online Access:	http://documents.worldbank.org/curated/en/2006/01/6525937/fiscal-responsibility-legislation-fiscal-adjustment-case-brazilian-local-governments http://hdl.handle.net/10986/8792

Internet

http://documents.worldbank.org/curated/en/2006/01/6525937/fiscal-responsibility-legislation-fiscal-adjustment-case-brazilian-local-governments
http://hdl.handle.net/10986/8792

Fiscal Responsibility Legislation and Fiscal Adjustment : The Case of Brazilian Local Governments

Internet

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