Budgeting for Results in Latin America: Conditions for its Deployment and Development

Abstract

Given current evidence of potential tangible benefits, in terms of public expenditure sustainability, efficiency and effectiveness, from more efficient utilization of budgeting for results, how can we explain the uneven development of this process in Latin America and the Caribbean? This paper analyzes the conditions that favor its implementation (institutional conditions, motivation, capacities, and legal support), and provides policy recommendations aimed at increasing the likelihood that countries will eventually introduce budgeting for results and in its total utilization once these systems are in course.