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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: Key features of cost-benefit analysis

Cost-benefit analysis (CBA) aims to inform decision makers on the economic feasibility of projects, programmes, policies or regulatory initiatives. Its main purpose is to compare the costs associated with a policy or investment with the benefits of its implementation. The focus of this section is on CBA as a tool for the evaluation of investment projects. The content and methodology of CBA varies across countries. Nonetheless, a standard structure in the LAC region may consist of a description of the socio-economic and political context, definition of objectives, identification of the project, technical feasibility, environmental sustainability, financial analysis, economic analysis and risk assessment.

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