Published online by Cambridge University Press: 07 January 2021
Latin America has stignificantly improved its budgetary effectiveness during the past thirty years, despite a widespread variation in political, demographic, and income levels. Bureaucratic authoritarian regimes have evolved into contribute to public finance stabilization. Significant problems remain in the financing of such basic services as education and health care. Expenditure control weakenesses remain at the managerial and operational levels of government.