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Transparency of tax expenditure reporting in Mexico
2014Currently, there is no single, universally accepted definition of a tax expenditure. The terms tax benefit, tax incentive, tax concession, fiscal stimulus, and tax break are more commonly used. Although each government defines the technical term tax expenditure according to the particularities of its tax scheme, it is possible to identify some common characteristics.DocumentStrengthening the capacities of parliaments in the budget process
Banco Interamericano de Desarrollo / Inter-American Development Bank (IADB), 2013In the past decade, parliaments have shown increasing activism in the budget process by demanding more information about the government's performance in managing public resources. Nevertheless, in Latin America and the Caribbean (LAC), parliaments face important challenges, taking an effective part in the budget process and in fiscal policy management.DocumentThe “State-of-the-Art” of sate-owned enterprises in Brazil
International Budget Partnership, 2014Public access to information on governmental budgets and spending is an important means of empowering civil society to actively participate in improving policy choices. Assessing budget transparency, however, is a complex task in the contemporary state.DocumentGlobal boom, local impacts: mining revenues and subnational outcomes in Peru 2007-2011
Banco Interamericano de Desarrollo / Inter-American Development Bank (IADB), 2014The relationship between the abundance of natural resources and socio-economic performance has been a main object of study in the economic development field since Adam Smith.DocumentFiscal costs of subsidies for socialized housing programs: an update
Philippine Institute for Development Studies, 2011This policy note provides an update of housing subsidies in the Philippines and the fiscal costs of their application. It addresses the issue on whether the subsidies for housing programmes could have been put into more efficient use by the government. In putting forth recommendations, the policy note highlights key lessons that are worth considering for the Philippines:DocumentDeposit insurance system in Korea
Korea Development Institute, 2013This report studies the deposit insurance system that Korea established at the end of 1995 and has operated since then. Events during the Asian financial crisis of 1997 and the global financial crisis of 2007-2008 have demonstrated the importance of effective depositor protection schemes.DocumentInstitutionalization of the informal credit market and financial inclusion in Korea
Korea Development Institute, 2013Over the last half century, the Republic of Korea (South Korea) has experienced rapid, sustained economic growth, the social benefits of which have been relatively broad-based. Korea today also boasts a modern and deep financial system, and financial inclusion is high with nearly every Korean having access to basic financial services and products.DocumentExperiences and methodology of Korea’s anti-money laundering system deployment and development
Korea Development Institute, 2013In today’s global economic conditions, the economy of one country is inextricably linked to another in various ways. The wave of liberalization in several sectors including trade, financing, and capital led by major developed countries from the 1970s gained momentum as information technology developed at a breakneck pace from the 1980s up until today.DocumentPerformance management system of budgetary programs in Korea
Korea Development Institute, 2013Korea launched a major reform to introduce performance-based budgeting into the government sector in the 2000’s.DocumentLessons for the Philippines from the US financial crisis
Philippine Institute for Development Studies, 2008This policy note attempts to understand the potential economic implications to the Philippines of the global financial crisis and distill important policy lessons especially for financial regulation. The policy note identifies three channels through which the Philippines will be impacted: potential decrease in investment; decrease in remittances; and decrease in tourism receipts.Pages
