Publication: Integrating Social Funds into Local Development Strategies : Five Stories from Latin America
Date
2005-09
ISSN
Published
2005-09
Author(s)
Serrano, Rodrigo
Abstract
The steady movement towards
decentralization that Latin America has experienced in the
last decade, often referred to as the "quiet
revolution", has led governments and donors to rethink
the role Social Funds (SFs) should play in promoting local
development. While SFs had been relatively successful in
building local infrastructure, insufficient integration with
public sector systems (both national and local) had raised
well founded concerns about institutional and investment
sustainability. This Note gives a quick overview of how
reforms are unfolding in five SFs in Latin America, and
highlights some features of the emerging models. It shows
that many SFs are working closely with local governments.
For these SFs the challenge is no longer whether they
undermine local governments or not but rather how they can
become an effective instrument of the country's
decentralization policy-i.e., how their interactions with
local governments, communities, and sectoral agencies
advance the decentralization policy objectives and a more
balanced approach to local development.
Citation
“Serrano, Rodrigo. 2005. Integrating Social Funds into Local Development Strategies : Five Stories from Latin America. Social Funds Innovation Note; Vol. 3, No. 1. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/2a89761a-9dbc-51ee-8200-76920e129247 License: CC BY 3.0 IGO.”