-Preface by Jean Bonvin and Enrique V. Eglesias

-Opening Remarks by Jean Bonvin

Part 1. Democracy, Decentralisation, and Fiscal Performance

-Fiscal Institutions for Decentralising Democracies: Which Way to Go? by Ricardo Hausmann

-Fiscal Performance in Latin America: What Needs to be Explained? by Michael Gavin and Ricardo Hausmann

-Electoral Institutions and the Budget Process by Mark Hallerberg and Jurgen von Hagen

-Fiscal Decentralisation and Government Size in Latin America by Ernesto Stein

-Fiscal Decentralisation and Macroeconomic Stability: The Experience of Large Developing and Transition Economies by Kiichiro Fukasaku and Luiz R. de Mello, Jr.

-Fiscal Federalism in OECD Member Countries by Jon Blondal

Part 2. Practitioners' Views

-Argentina by Andrew Powell

-Brazil by Marcelo Piancastelli de Siqueira

-Chile by Carlos Ominami

-Columbia by Rudolf Hommes

-Germany by Harald Rehm

-Mexico by Ariel Buira

-Portugal by Jorge Braga de Macedo

-Bolivia by Gonzalo Sanchez de Losada