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.