Managing the territorial impact of COVID-19: strengthening the multi-level governance and subnational fiscal management capacities of governments in LAC

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Support countries of LAC to reinforce and expand their institutional channels of intergovernmental fiscal coordination and to strengthen the fiscal management capacities of their subnational governments to better address the challenges imposed by the COVID-19 crisis and those to follow during the post pandemic period. Specifically, this TC will: (i) develop sector studies and diagnoses related to the fiscal response and impact of the COVID-19 crisis on selected governments at the intermediate and local levels, including comparative diagnoses from the LAC region and a set of OECD countries that are managing successfully the ongoing crisis across levels of government; (ii) develop an outlook of decentralization in LAC volume that contains detailed decentralization country profiles of the 26 IDB borrowing members including the collection of fiscal indicators (i.e. revenue, expenditures, transfers, debts) to update the body of knowledge for the post-pandemic period; (iii) relaunch and update the Subnational Fiscal Information Platform, which will be essential for the development of more accurate diagnoses and for data comparison purposes; and (iv) disseminate the diagnoses, knowledge products and tools developed by this TC through the Decentralization and Subnational Fiscal Management Network of LAC -and similar networks- to strengthen the fiscal relations and fiscal management capacities across levels of government during the post-pandemic period, so that countries in the LAC region are better prepared to respond in a coordinated manner in the event of a future crisis or emergency scenario.