The Fiscal Covenant

Strengths, Weaknesses, Challenges

Format *
This publication summarizes the strengths, weaknesses and challenges presented by the new fiscal covenant, that is, the basic socio-political agreement that legitimizes the role of the State and establishes the areas and scope of government responsibility in the economic and social spheres. Fiscal Covenant also analyzes the fiscal and quasi-fiscal aspects of public action and reviews the progress and changes in the areas of public-sector revenue, expenditure, deficit and debt. It addition, it discusses what has been achieved and what remains to be done in key areas of public management with major fiscal implications - social spending, social security reform, fiscal decentralization, privatization and the modernization of the State.

Details:

Agency/Department
UN/Economic Commission for Latin America and the Caribbean
Print ISBN
9789211212259
PDF ISBN
9789211557251
Print Publication Date
PDF Publication Date
Page Count
44
Print Sales Number
98.II.G.5

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