We have closed the X Ibero-American Conference on Local Financing, held online since Monday, August 30, from the headquarters of the Inter-American Development Bank (IDB), which was responsible for providing logistical coverage to the event co-organized by the IDB itself, the Ibero-American Association of Local Financing (AIFIL), ECLAC and the Andreu Young School of Georgia State University.

The conference began with a round table discussion with Teresa Ter-Minassian, former Director of the Fiscal Affairs Department of the International Monetary Fund, Jorge Martínez-Vázquez, Regents Professor of Economics at Georgia State University and Javier Suárez Pandiello, Professor of Public Finance at Georgia State University, Professor of Public Finance at the University of Oviedo and President of AIFIL discussed the progress of decentralization in the last decade and the new challenges faced by sub-central governments in the wake of the COVID pandemic and the challenges of climate change based on the results of a joint study prepared by IDB and ECLAC whose main conclusions were presented by Áxel Radics, Coordinator of the Decentralization Cluster of the IDB Fiscal Management Division.

During the four days of the Conference, a total of fourteen papers of high academic quality were presented in five thematic blocks (Decentralization and Institutions, Sub-central Expenditures, Intergovernmental Transfers, Own Revenues and Fiscal Rules and Indebtedness) by 38 authors from 7 Ibero-American countries, affiliated to various academic institutions, as well as independent consultants and officials from international organizations.

The Conference was widely followed internationally, with an average attendance of 150 people permanently connected with a coverage that included practically all Latin American countries, and some European countries as well as Spain.

In the closing session, the president of AIFIL, among other information, announced the creation of an Honorary Academic Committee, initially composed of ten prestigious professionals in the field of public finance, which will support the Association from now on, contributing to provide ideas for its activities.

-Ehtisham Ahmad.
-Robin Boadway.
-Giorgio Brosio.
-Michael Keen.
-Jorge Martinez-Vazquez.
-Jose Ocampo.
-Fernando Rezende.
-Vito Tanzi.
-Teresa TerMinassian.
-Francois Vaillancourt.

Finally, it was announced that the XI Jornadas Iberoamericanas de Financiación Local will take place in September 2022 in Uruguay, being the local organizers the Centro de Investigaciones Económicas (CINVE) and the Universidad de la República.

Translated with www.DeepL.com/Translator (free version)