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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.

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Preface

Today, Latin America and the Caribbean (LAC) is one of the most dynamic regions in the world. Rapidly evolving economies and societies bring new challenges to governments. Both citizens and businesses expect better services, more efficient delivery, greater transparency, more social inclusion, and less corruption, among other things; therefore, governments in the region must adapt to meet these new demands. While the economic and social challenges facing the different countries in the region vary greatly, the overall objectives of more effective public governance within a sound fiscal framework are common to all. The starting point for improving public governance is the ability to accurately benchmark government activity and performance. This first edition of Government at a Glance: Latin America and the Caribbean 2014: Towards Innovative Public Financial Management enriches the series of this OECD flagship publication by providing internationally comparable data on government resources and processes for the LAC region.

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