Government at a Glance: Latin America and the Caribbean 2024
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The 2024 edition of Government at a Glance: Latin America and the Caribbean provides the latest available evidence on public administrations and their performance in the LAC region and compares it to OECD countries. It includes indicators on trust in public institutions and satisfaction with public services, as well as evidence on good governance practices in areas such as the policy cycle, budgeting, public procurement, infrastructure planning and delivery, regulatory governance, digital government and open government data. Finally, it provides information on what resources public institutions use and how they are managed, including public finances, public employment, and human resources management. Government at a Glance allows for cross-country comparisons and helps identify trends, best practices, and areas for improvement in the public sector. Governance indicators are especially useful for monitoring and benchmarking governments’ progress in their public sector reforms. Each indicator in the publication is presented in a user‑friendly format, consisting of graphs and/or charts illustrating variations across countries and over time, brief descriptive analyses highlighting the major findings of the data, and a methodological section on the definition of the indicator and any limitations in data comparability.
Also available in: Spanish
General government gross debt
Governments accumulate debt to fund expenditures that exceed their revenues. Government debt can be used to finance both current expenditure and investments. However, debt comes at a cost in the form of interest payments. Therefore, it should be based on an objective assessment of economic capacity gaps, infrastructural development needs, sectoral and social priorities, and a careful evaluation of costs and benefits. The cost of debt, access to capital markets and levels of debt-carrying capacities vary significantly across countries making the impact of debt highly context dependent.
Also available in: Spanish
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