El gasto público en Colombia. Reflexiones y propuestas

Translated title of the contribution: Public spending in colombia. Reflections and proposals

Jorge Espitia, César Ferrari, Jorge Iván González, Isidro Hernández, Luis Carlos Reyes, Alejandra Romero, Carlo Tassara, David Varela, Jairo Villabona, Gustavo Zafra

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

Abstract

Analyses of public spending in Colombia tend to concentrate on short-term issues and tend to conclude that it must be reduced to guarantee macroeconomic equilibrium. This article is based on the fact that the 1991 Constitution adopted a Rule of Law that promised to modernize Colombian society and guarantee the fulfillment of economic and social rights for to the entire population. From this point of view, it examines the problems of inequality, the infrastructure requirements to improve long-term economic growth, and to comply with the Peace Agreements and the international commitments to which they gave rise. Contrary to conventional short-term analyses, to achieve the aforementioned purposes, greater public spending is required, which is allocated and executed in an efficient and equitable manner that avoids corrupt practices.

Translated title of the contributionPublic spending in colombia. Reflections and proposals
Original languageSpanish
Pages (from-to)291-326
Number of pages36
JournalRevista de Economia Institucional
Volume21
Issue number40
DOIs
StatePublished - 03 Dec 2018

Keywords

  • public spending
  • economic growth
  • social spending
  • pensions
  • subsidies
  • universal basic incom

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