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Government at a Glance: Latin America and the Caribbean 2020

image of Government at a Glance: Latin America and the Caribbean 2020

This third edition of Government at a Glance Latin America and the Caribbean provides the latest available evidence on public administrations and their performance in the LAC region and compares it to OECD countries. This publication includes indicators on public finances and economics, public employment, centres of government, regulatory governance, open government data, public sector integrity, public procurement and for the first time core government results (e.g. trust, inequality reduction). Governance indicators are especially useful for monitoring and benchmarking governments' progress in their public sector reforms. Each indicator in the publication is presented in a user-friendly format, consisting of graphs and/or charts illustrating variations across countries and over time, brief descriptive analyses highlighting the major findings of the data, and a methodological section on the definition of the indicator and any limitations in data comparability.

English Spanish, Portuguese

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Fiscal revenues from non-renewable natural resources (NRNR)

Several countries in LAC are endowed with non-renewable natural resources (NRNR) mainly hydrocarbons and metals and minerals that constitute an important source of public revenues. These resources are, however, finite and the stream of revenues they generate is subject to high levels of volatility, as prices are set in international markets. Furthermore, the management of NRNR should also consider intergenerational equity ensuring that depletion of these natural resources would not compromise or restrict opportunities of future generations as well as the sustainability of the environment. As a whole, the LAC region has experienced two recent periods of high NRNR prices, between 2006 and 2008 and again between 2010 and 2014. However, only few countries (e.g. Colombia and Chile) have established reserve funds and put in place stabilisation mechanisms aimed at counterbalancing possible price volatility.

English Portuguese, Spanish

Graphs

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