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Medium-Term Frameworks and the Budgetary Process in Latin America. A Database: 2003-2007

By Department of Research and Chief Economist (VPS/RES/RES)

Medium Term Fiscal Frameworks (MTFs) have become one of the most popular reforms to the budgetary process in Latin America during the last decade, and introducing MTFs seemed to be the magic solution for most fiscal ailments. Nonetheless, there has been no comprehensive evaluation of their impact. This document discusses the normative merits of using MTFs, provides a characterization of the different types of MTF, and describes their development in the Latin American region based on extensive field work. As a first approximation for understanding how they are working, this document explores in detail the cases of Argentina, Colombia and Peru. While an unambiguous diagnosis is not possible, this document lays the groundwork for progress toward comprehensive impact evaluations and, eventually, to the consolidation of MTFs in the region.

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Identifier https://doi.org/10.60966/8ikclepw
License Creative Commons Attribution–NonCommercial–NoDerivs 3.0 IGO
Related Knowledge Product
Citation

Filc, Gabriel;Scartascini, Carlos, 2015, Medium-Term Frameworks and the Budgetary Process in Latin America. A Database: 2003-2007, IDB Open Data, https://doi.org/10.60966/8ikclepw
Published date 2015-03-04
Modified date 2025-07-15
Tags/Keywords Budget · Fiscal Disparity · Medium-Term Fiscal Framework
Language English
Temporal coverage 2003-2007
Country
Argentina
Bolivia
Honduras
Mexico
Nicaragua
Panama
Paraguay
Peru
Uruguay
Venezuela
Brazil
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Region Latin America and the Caribbean
Publisher
Inter-American Development Bank
Author
Filc, Gabriel
Scartascini, Carlos
Data collection type Observational Data
Statistical type Cross-sectional Data
Data structure Structured Data

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