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Government at a Glance: Latin America and the Caribbean 2017

image of Government at a Glance: Latin America and the Caribbean 2017

This second edition of Government at a Glance: Latin America and the Caribbean provides the latest available data on public administrations in the LAC region and compares it to OECD countries. It contains new indicators on public finances, centres of government, regulatory governance, open government, digital government and public procurement. This edition also includes a special feature on health budgeting.

After a decade of sustained economic growth reinforced by high commodity prices, economic conditions are deteriorating in the LAC region. In this context, LAC governments are expected to design and deliver more inclusive, transparent  and efficient policies. This report provides policy makers with performance measurements and offers comparative perspective. Good indicators are needed more than ever to help governments make informed decisions and tough choices, in order to  maintain progress and improvements in the region.

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Special Feature: Fiscal revenues from non-renewable natural resources

Revenues from non-renewable natural resources (NRNR) represent a key source of income for many LAC countries. Between 2000 and 2013, the region experienced a commodity boom that resulted from high international commodity prices, increasing significantly the fiscal resources available. During the boom period, a few countries had established reserve funds and put in place stabilisation mechanisms aimed at counterbalancing possible price plunges from commodities and guaranteeing inter-generational equity. However, in 2014 the trend reverted and a decline in tax and non-tax revenues from NRNR occurred in the region. The negative effects of declining commodity prices on government revenues across the majority of LAC countries have been acute, adding pressure on the sustainability of public finances.

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