Government at a Glance

Latin America and the Caribbean 2014: Towards Innovative Public Financial Management

image of Government at a Glance

Latin American and Caribbean Government at a Glance offers a dashboard of more than 30 indicators to help decision makers and citizens analyze and benchmark government performance both within the LAC region and compared to the OECD countries. The publication focuses in four broad areas: budgeting practices; public sector pay and employment; public procurement and public finances. Furthermore, the policy chapter deepens in the budgetary and fiscal innovations which have taken place for the LAC region in the past years.

Despite the fact that the LAC region has not been so badly affected by the recent Global and Financial crisis, the Latin American an Carribbean Government at a Glance argues that governments need to be more inclusive, transparent, receptive and efficient. For that, they need to improve among other budgetary, employment and procurement practices, as well as increase the transparency levels.

English Also available in: Spanish

Executive budget flexibility

As governments begin to focus on performance as the basis of budget allocation decisions, the role of public managers at the line ministry and agency level becomes increasingly relevant. Delegating authority to managers regarding the allocation of funds within their own budget envelopes could lead to more effective public spending, as agency heads may be in the best position to choose the most efficient mix of inputs to carry out the institutional mission. This is expected to lead to the adoption of more comprehensive approaches to annual and multi-annual planning. Further, making expectations clear and resources available to line ministries can facilitate budget accountability. Spending flexibility can also play a major role in light of changing economic conditions and political priorities.

English Also available in: Spanish


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error