Chile : subnational government finance

Major reforms in the institutional structure and spending responsibilities of subnational governments in Chile are being enacted into law. The new legislation will make subnational governments a much more important part of Chile ' s consolidated public sector. Improving the efficiency of subnat...

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Bibliographic Details
Main Author: Vetter, David
Corporate Author: Banco Mundial
Format: Book
Published: Washington, D.C. World Bank 1993
Series:A World Bank country study
Subjects:
Description
Summary:Major reforms in the institutional structure and spending responsibilities of subnational governments in Chile are being enacted into law. The new legislation will make subnational governments a much more important part of Chile ' s consolidated public sector. Improving the efficiency of subnational governments is critical because they are becoming increasingly important providers of public services. As spending by these governments increases, their growing relative importance in Chile ' s public sector will increasingly affect efficiency, equity and fiscal discipline. This report addresses the issues of: the assignment of responsibilities for provision of public services at the subnational level, revenue assignment to improve efficiency and equity while maintaining fiscal discipline, inter-governmental dependencies and management of Santiago ' s metropolitan regional development and management efficiency and accountability. The report ends by discussing how the above issues must be addressed for the design and implementation of democratic reforms at the subnational level in order to increase (or at least maintain) macroeconomic efficiency, equity and fiscal discipline. Thus, the report views the issues as elements of a strategy that will promote Chile ' s public sector.
Physical Description:115 p. : il.
Bibliography:Incluye bibliografía
ISBN:0-8213-2524-8
ISSN:0253-2123