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Conferences


1999 Fiscal Conference: Sustainable Public Sector Finance in Latin America

Views expressed in the publication are not necessarily those of the Federal Reserve Bank of Atlanta or of the Federal Reserve System. Material may be reprinted or abstracted if this work and the individual authors are credited. Please provide a copy of any publication containing reprinted material to the Public Affairs Department, Federal Reserve Bank of Atlanta, 1000 Peachtree Street N.E., Atlanta, Georgia 30309-4470.

ISBN 0-9624159-2-8

Contents

FOREWORD
Jack Guynn

INTRODUCTION
Robert Eisenbeis

PATTERNS IN PUBLIC SECTOR ACCOUNTS
Elizabeth McQuerry, Michael Chriszt, and Stephen Kay

POLITICAL CONSTRAINTS ON SUSTAINABLE PUBLIC SECTOR DEVELOPMENT IN LATIN AMERICA
Lawrence S. Graham
COMMENTS: Kurt Weyland

THE POLITICS OF ADMINISTRATIVE REFORM: INTRACTABLE DILEMMAS AND IMPROBABLE SOLUTIONS
Ben Ross Schneider
COMMENTS: Andrés Fontana

CONFRONTING FISCAL IMBALANCES VIA INTERTEMPORAL ECONOMICS, POLITICS, AND JUSTICE: THE CASE OF COLOMBIA
Juan Carlos Echeverry-Garzón and Verónica Navas-Ospina
COMMENTS: Arturo C. Porzecanski

PANEL DISCUSSION ON CAPITAL MARKETS AND DEFICIT FINANCE
CAPITAL MARKETS AND DEFICIT FINANCE IN BRAZIL
Fábio de Oliveira Barbosa
FINANCING DEFICITS IN PERU
Carlos Boloña

PANEL DISCUSSION ON INTERNATIONAL LENDING AND CAPITAL FLOWS
Francisco Gil-Díaz
Graham Stock
COMMENTS: Robert Eisenbeis

SPEECHES
PROSPECTS AND DILEMMAS FOR SUSTAINABLE SOCIAL SECTOR FUNDING IN LATIN AMERICA
Ann Helwege
ADMINISTRATIVE REFORM IN BRAZIL
Cláudia Costin

ABOUT THE AUTHORS