For the evaluation of macroeconomic policies Colombian authorities rely heavily, if not exclusively, on the operational framework known as the Financial Programming Model developed by the International Monetary Fund in the 1950s. Based on this static framework, the formulation of fiscal policy in the country, just as in various Latin American countries, focuses primarily on fiscal deficit and gross debt targets. However, the type of fiscal policy...
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详细
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2005/06/01
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政策研究报告
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WPS3629
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1
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1
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2005/06/08
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Disclosed
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Fiscal space for investment in infrastructure in Colombia
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public investment in infrastructure