The Local Alternative: Decentralization and Economic Development

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9780230111769: The Local Alternative: Decentralization and Economic Development
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Decentralization in Latin America and the Caribbean has changed the region’s local development model. More resources and decision-making powers are being transferred from central governments to the local level. This new political, administrative, and fiscal landscape is creating new challenges and opportunities for subnational governments and for local economic development in the region. The Local Alternative offers a series of experiences, reflections, and lessons on how the new, decentralized institutional framework influences diverse aspects of the economic development processes at the local level. The book’s chapters—written by a variety of actors ranging from experts in international organizations to policymakers at the national and subnational levels—highlight, among other experiences, local management within a context of greater autonomy, experiments with different subnational transfer and financing systems, and alternatives for stimulating local competitiveness and citizen participation.

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The Inter-American Development Bank (IDB) is an international institution created in 1959 to foster economic and social development in Latin America and the Caribbean.  The IDB is the main source of multilateral financing and expertise for sustainable economic, social and institutional development in Latin America and the Caribbean.

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"Fiscal and political decentralization has become a hot economic and political topic in recent years. The Local Alternative analyzes both positive and negative aspects related to this phenomenon and does so in an always objective, undogmatic, and policy-relevant way. It is a major work that will have much influence on Latin American policy, and its editors and authors deserve much praise. The book makes a monumental contribution to existing literature, and will surely become an essential reference for scholars and, more importantly, policymakers." —Dr. Vito Tanzi, Former Director, Fiscal Affairs Department, IMF

“So far much of the fiscal federalism literature has concentrated on decentralization at the regional level. This book makes an important contribution to the literature by focusing on the requirements for decentralization to effectively improve the provision of urban services at the local level. The interesting case studies illustrate in a compelling and “real-life” fashion the theoretical concepts developed throughout the book. This is a must-read for scholars and officials interested in decentralization issues.” —Teresa Ter-Minassian, Expert on fiscal affairs and decentralization, Former Director, Fiscal Affairs Department, IMF

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Book Description Palgrave MacMillan, United Kingdom, 2011. Paperback. Condition: New. 2011 ed.. Language: English . Brand New Book. This book offers a step forward in finding out how the new decentralized institutional arrangements affect local economic development. In particular, it analyzes how local governments can use their increasing powers and responsibilities to improve productivity and quality of life in their territories. Seller Inventory # KNV9780230111769

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