Over the past two decades, electronic invoicing (e-invoicing) has transformed tax administrations worldwide. This innovative solution was created in Latin America and first launched in 2003 in Chile, and then in Brazil and Mexico. Since then, this digital transformation has significantly increased transparency and tax collection and reduced economic informality in many … [Read more...] about Electronic Invoicing: A Latin American Innovation with Global Reach
Axel Radics
Axel Radics is the Lead Fiscal Management Specialist at the IDB in Washington D.C., specializing in fiscal decentralization and subnational governments. With over 25 years of experience in Latin America and the Caribbean, Axel has held various roles at the IDB, including Acting Fiscal Management Division Chief and Fiscal Management Specialist in Uruguay, Paraguay, Peru, and the Office of Monitoring and Evaluation (OVE). Before joining the IDB, Axel coordinated a fiscal transparency program and an e-government initiative for Argentina's national government and conducted fiscal research at CIPPEC and CEDI. He holds a B.A. and M.A. in Economics from Universidad de San Andrés, an MPP from Harvard School of Government, and a PhD in Public Policy from the University of Maryland, College Park.
Four Reform Opportunities to Strengthen Subnational Finances in the Post-pandemic Era
The coronavirus (COVID-19) pandemic that has been wreaking havoc throughout Latin America and the Caribbean (LAC) since the first quarter of the year has had a major impact not just on people’s health but also on public finances in every country, both at national and at subnational level. According to the International Monetary Fund (IMF), the region’s real gross domestic … [Read more...] about Four Reform Opportunities to Strengthen Subnational Finances in the Post-pandemic Era
Subnational governments and coronavirus: five critical actions the IDB is supporting
Subnational governments (SNGs) in Latin America and the Caribbean (LAC) are on the frontline of the coronavirus pandemic. Their proximity to the population and to its needs and demands gives them a prime opportunity to gain early first-hand knowledge of the crisis’s evolution. In the region’s large countries, SNGs are directly responsible for the health response[1], managing … [Read more...] about Subnational governments and coronavirus: five critical actions the IDB is supporting
Budget management: how to improve the link between budget allocation and performance results in Uruguay
Marc Robinson is one of the prominent international experts on public financial management, performance budgeting and fiscal policy. Last March he visited Uruguay with Inter-American Development Bank support, in order to assess the country´s progress in improving its budgetary system and provide recommendations to achieve a better connection between budgetary allocations and … [Read more...] about Budget management: how to improve the link between budget allocation and performance results in Uruguay