We studied here the early impacts of the Peruvian rural roads program (RRP) that is characterized by the contracting of private local firms for the rehabilitation and maintenance of rural roads with local supervision by ...

Este artículo explora el impacto de la descentralización sobre el potencial para el desarrollo local y regional, tanto desde una perspectiva teórica como utilizando ejemplos de América Latina. Pone de relieve que la ...

Why does a certain metropolitan area grow more than another? The answer to this question has evaded much of the considerable body of scholarship on the topic. One problem may be that some of the frameworks that drive ...

What is the impact of trade liberalization and economic integration on the geographical distribution of economic activities? To address this question the present paper proposes a conceptual framework based on recent ...

Decentralized management of public goods creates the potential for spillovers across jurisdictions. These spillovers may be particularly large in the case of river management where the river has little value to upstream ...

This paper explores the extent of technical capacity constraints in Peruvian local governments. To do that, we study how effective municipalities are in using a significant income windfall due to central government transfers ...

This paper empirically examines the effect of financial repression on interest rates spreads in Venezuela. In order to have a measure of financial repression, we built an index that captures the opportunity cost of regulatory ...

Fiscal decentralization can de be defined as the process of transferring budgetary authority from central government to elected subnational governments in order to grant them power to make decisions regarding taxes and ...

A central claim in favor of decentralization is that it will improve access to public services, but few studies examine this question empirically. This paper explores the effects of decentralization to access to health and ...

Primera edición de documentos de trabajo sobre energía, publicados por CAF. La publicación presenta recomendaciones de política regulatoria para el manejo y la distribución de las rentas de congestión que se originan en ...