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    The Political Economy of Fiscal Reform: the Case of Colombia,1986 - 2006

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    Date

    2009-11

    Author

    Olivera, Mauricio
    Pachón, Mónica
    Perry, Guillermo

    URI

    http://hdl.handle.net/11445/329
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    Abstract

    "During the last two decades, the Colombian Central Government (henceforth CG) expenditures increased substantially. From an average of 9.8% of GDP between 1981 and 1991, CG expenditures increased to 21.5% in 2007, with an average of 17.6% for the period 1992-2007. Such trends were the consequence of a generalized recognition, endorsed by consensus in the 1991 Constitutional Assembly, that Colombia had an excessively weak and small State to deal effectively with security, globalization and social challenges. Thus, Colombia was the only Latin American country in which the pro-market economic policies of the early nineties (i.e. trade and capital account opening, privatizations, etc.) were not accompanied by an objective of reducing the State , but on the contrary, to strengthen it."

    Abstract

    "During the last two decades, the Colombian Central Government (henceforth CG) expenditures increased substantially. From an average of 9.8% of GDP between 1981 and 1991, CG expenditures increased to 21.5% in 2007, with an average of 17.6% for the period 1992-2007. Such trends were the consequence of a generalized recognition, endorsed by consensus in the 1991 Constitutional Assembly, that Colombia had an excessively weak and small State to deal effectively with security, globalization and social challenges. Thus, Colombia was the only Latin American country in which the pro-market economic policies of the early nineties (i.e. trade and capital account opening, privatizations, etc.) were not accompanied by an objective of reducing the State , but on the contrary, to strengthen it."

    Palabras clave

    Reforma Fiscal
    Política Fiscal
    Economía Política
    Crecimiento Económico

    JEL

    H30
    E63
    E62
    Collections
    • Macroeconomía, Política Monetaria y Fiscal [166]

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    Acerca de Fedesarrollo

    La Fundación para la Educación Superior y el Desarrollo (Fedesarrollo) es una entidad privada sin ánimo de lucro. Establecida en 1970, se dedica a la investigación en temas de política económica y social.

    Fedesarrollo

    Calle 78 Nº 9 -91, Bogotá - Colombia
    Tel (571) 325 9777, Fax (571) 325 9770
    https://www.fedesarrollo.org.co
    © 2017, Todos los derechos reservados

    Redes Sociales