Strengthening Subnational Public Finance

Mexico's intergovernmental transfer system needs to reduce vertical imbalances and discretionary federal transfers. This note assesses Mexico's pending subnational fiscal reform agenda. Mexico is a federal country divided into 31 sovereig...

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Bibliographic Details
Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCOUNTING ADMINISTRATIVE REFORM AMOUNT OF DEBT BANK LOANS BANKING REGULATION BANKING REGULATIONS BASIC EDUCATION BORROWING BORROWING CAPACITY BORROWING COSTS BUDGET CONSTRAINT BUDGET CONSTRAINTS BUDGETARY EXPENDITURES COEFFICIENT OF VARIATION COMMERCIAL BANKS CREDIT RATINGS CREDIT RISK CREDIT RISK PREMIUM CURRENT EXPENDITURES DEBT DATA DEBT LEVELS DEBT OBLIGATIONS DEBT SERVICE DEBT SERVICE PAYMENT DISCRETIONARY FEDERAL TRANSFERS DUE DILIGENCE ECONOMIC ACTIVITY EFFICIENCY OF EXPENDITURES ELECTRICITY EXPENDITURE EXPENDITURE DECENTRALIZATION EXPENDITURE EFFICIENCY EXPENDITURE MANAGEMENT EXPENDITURE NEEDS EXPENDITURE REPORTING EXPENDITURE RESPONSIBILITIES FEDERAL ASSISTANCE FEDERAL COUNTRY FEDERAL DEBT FEDERAL DISTRICT FEDERAL EXPENDITURE FEDERAL GRANTS FEDERAL REVENUES FEDERAL TAX FEDERAL TRANSFER FEDERAL TRANSFER SYSTEM FINANCIAL ASSISTANCE FINANCIAL CRISIS FINANCIAL DISTRESS FINANCIAL INSTITUTIONS FINANCIAL SUPPORT FISCAL ADJUSTMENT FISCAL BURDEN FISCAL DECENTRALIZATION FISCAL DISCIPLINE FISCAL FEDERALISM FISCAL TRANSPARENCY INCOME INCOME TAX INDEBTEDNESS INSTITUTIONAL FRAMEWORK INTERGOVERNMENTAL TRANSFER INTERNATIONAL STANDARDS KEY CHALLENGES LACK OF TRANSPARENCY LEGAL REFORM LEVEL OF GOVERNMENT LEVY LIABILITY LOAN LOCAL EXPENDITURES LOCAL GOVERNMENT LOCAL REVENUE LOCAL TAXES MARKET MECHANISMS MARKET PARTICIPANTS MATURITY MINISTRY OF FINANCE MISREPORTING MUNICIPAL LEVEL MUNICIPALITIES OIL PRICES PAYROLL COSTS POLICY REFORM POLITICAL ECONOMY POLITICAL ECONOMY FACTORS PRIVATE LENDERS PROPERTY TAX PROPERTY TAX COLLECTION PROPERTY TAXES PRUDENTIAL REGULATIONS PUBLIC PUBLIC CREDIT PUBLIC DEBT PUBLIC FINANCE PUBLIC FINANCE STATISTICS PUBLIC FINANCES PUBLIC REVENUE PUBLIC SECTOR PUBLIC SERVICES RECURRENT EXPENDITURES RESERVE RESERVE REQUIREMENTS RESERVES REVENUE MOBILIZATION REVENUE RATIO REVENUE SOURCE RISK MANAGEMENT SHORT-TERM DEBT SOCIAL SECURITY STATE EXPENDITURE STATE EXPENDITURES STATE GOVERNMENTS SUBNATIONAL SUBNATIONAL DEBT SUBNATIONAL ENTITIES SUBNATIONAL EXPENDITURE SUBNATIONAL EXPENDITURES SUBNATIONAL FISCAL REFORM SUBNATIONAL GOVERNMENTS TAX TAX ADMINISTRATION TAX AUTHORITY TAX BASE TAX COLLECTION TAX COLLECTIONS TAX EFFORT TAX EFFORTS TAX EVASION TAX POOL TAX RATE TAX REVENUE TAX REVENUES TAX RULES TECHNICAL ASSISTANCE TOTAL PUBLIC EXPENDITURE TOTAL PUBLIC EXPENDITURES TRANSPARENCY VOTERS
Online Access:	http://hdl.handle.net/10986/16582

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http://hdl.handle.net/10986/16582

Strengthening Subnational Public Finance

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