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Policy Advising


Estimation of the Economic Opportunity Cost of Capital for Mexico

People Involved: Fernando Fernholz, Graham Glenday
Location: Mexico
Topics: Project appraisal

With the support of the World Bank, faculty developed the new estimation and recommended methods for use of the economic discount rate, which was adopted in February 2014 by the Ministry of Finance (Secretaria de Hacienda y Credito Publico).

Review of Intergovernmental Fiscal Decentralization Framework

People Involved: Roy Kelly
Location: Ghana
Topics: Taxation, Fiscal Decentralization, Budgeting

Beginning in 2012, faculty supported the Fiscal Decentralization Unit (Ministry of Finance and Economic Planning) in Ghana to review the Intergovernmental Fiscal Decentralization Framework, intergovernmental transfers, local revenue generation and local public financial management policies, systems and procedures.