Fiscal Responsibility Legislation and Fiscal Adjustment : The Case of Brazilian Local Governments

This paper discusses trends in fiscal adjustment in Brazil since the 1990s, with particular emphasis on the strengthening of institutions for fiscal policymaking, and its effect on local government finances and their ability to invest in infrastructure building and upgrading. Although fiscal adjustm...

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Bibliographic Details
Main Author: de Mello, Luiz
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
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Online Access:http://documents.worldbank.org/curated/en/2006/01/6525937/fiscal-responsibility-legislation-fiscal-adjustment-case-brazilian-local-governments
http://hdl.handle.net/10986/8792