Public Spending in Colombia. Reflections and Proposals [Despesa pública na colômbia. Reflexões e propostas] [El gasto público en colombia reflexiones y propuestas]

Publicado en

  • Revista de Economía Institucional


  • 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. © 2019, Universidad Externado de Colombia. All rights reserved.

fecha de publicación

  • 2019

Área temática

Líneas de investigación

  • Economic Growth
  • Pensions
  • Public Spending
  • Social Spending
  • Subsidies
  • Universal Basic Income

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