Institutional transformation and strengthening of Latin America’s ministries of finance: From control to the strategic use of public resources for development

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/TS.2021/23
cepal.docTypeCoediciones
cepal.docTypeDocumentos de proyectos e investigación
cepal.jobNumberS2000934_en
cepal.project"Proyecto MEF Ecuador‐Carta de Acuerdo BID‐CEPAL"
cepal.regionalOfficeSantiago
cepal.topicEngFISCAL AFFAIRS
cepal.topicEngPUBLIC ADMINISTRATION
cepal.topicEngPUBLIC POLICIES
cepal.topicEngSTATE ROLE
cepal.topicSpaASUNTOS FISCALES
cepal.topicSpaGESTIÓN PÚBLICA
cepal.topicSpaPOLÍTICAS PÚBLICAS
cepal.topicSpaROL DEL ESTADO
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorArenas de Mesa, Alberto
dc.contributor.authorMosqueira, Edgardo
dc.contributor.institutionBID
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2023-04-27T21:02:56Z
dc.date.available2023-04-27T21:02:56Z
dc.date.issued2023-04-27
dc.description.abstractThe institutional development of ministries of finance determines their capacities to achieve fiscal policy objectives (sustainability) and contribute to economic policy objectives. This study analyses the institutional transformation of ministries of finance in Latin America. Methodologically, it examines the functions assigned by law (legal-regulatory frameworks). Analytically, it proposes two categories of functional models (traditional models focused on spending control and modern ones focused on strategic spending management). Successful institutional strengthening processes have at least four dimensions: development of regulations, processes, and methodologies; recruiting and training of human talent; the development and implementation of digital government tools; and the financial resources to develop these dimensions. The COVID-19 pandemic has exposed the weaknesses suffered by institutions in their capacities to meet economic and social challenges. This study highlights the need to close gaps in the institutional development of ministries of finance and move away from a traditional functional model towards a more modern one, in order to tackle challenges of macroeconomic and fiscal policy and quality and inclusion in public services.
dc.description.tableOfContentsIntroduction .-- I. The Institutional Transformation of Ministries of Finance in Latin America .-- II. Levels of Institutional Development in Latin American Ministries of Finance: Traditional, in Transition, and Modern .-- III. Institutional Reforms and Changes in the Region’s Ministries of Finance, 2010–2020 .-- IV. Conclusions and Challenges in the Institutional Sphere.
dc.formatTexto
dc.format.extent73 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/TS.2021/23
dc.identifier.urihttps://hdl.handle.net/11362/48846
dc.language.isoeng
dc.physicalDescription73 p.
dc.publisherECLAC
dc.publisherBID
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesDocuments de Proyectos
dc.relation.translationLanguagespa
dc.relation.translationRecordLa transformación y el fortalecimiento institucional de los Ministerios de Hacienda en América Latina: del control al uso estratégico de los recursos públicos para el desarrollo
dc.relation.translationUrihttps://hdl.handle.net/11362/46758
dc.rights.coarDisponible
dc.subject.unbisEngPUBLIC ADMINISTRATION
dc.subject.unbisEngGOVERNMENT DEPARTMENTS
dc.subject.unbisEngADMINISTRATIVE REFORM
dc.subject.unbisEngPUBLIC FINANCE
dc.subject.unbisEngPUBLIC EXPENDITURES
dc.subject.unbisEngFISCAL POLICY
dc.subject.unbisEngECONOMIC DEVELOPMENT
dc.subject.unbisEngCOVID-19
dc.subject.unbisEngORGANIZATIONAL CHANGE
dc.subject.unbisEngOPEN GOVERNMENT
dc.subject.unbisEngPANDEMICS
dc.subject.unbisSpaADMINISTRACION PUBLICA
dc.subject.unbisSpaMINISTERIOS
dc.subject.unbisSpaREFORMA ADMINISTRATIVA
dc.subject.unbisSpaHACIENDA PUBLICA
dc.subject.unbisSpaGASTOS PUBLICOS
dc.subject.unbisSpaPOLITICA FISCAL
dc.subject.unbisSpaDESARROLLO ECONOMICO
dc.subject.unbisSpaCOVID-19
dc.subject.unbisSpaCAMBIO ORGANIZACIONAL
dc.subject.unbisSpaGOBIERNO ABIERTO
dc.subject.unbisSpaPANDEMIAS
dc.titleInstitutional transformation and strengthening of Latin America’s ministries of finance: From control to the strategic use of public resources for development
dc.type.coarlibro
dc.type.coarlibro
dc.usergrouppubweb
dspace.entity.typePublication
relation.isAuthorOfPublicationa4fabeb4-0897-4fe4-8866-1bf0bed0abba
relation.isAuthorOfPublication197779d3-98e9-4b14-a46f-b9dda0dd8a97
relation.isAuthorOfPublication.latestForDiscoverya4fabeb4-0897-4fe4-8866-1bf0bed0abba
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