Fiscal Panorama of Latin America and the Caribbean 2015: Policy space and dilemmas. Executive Summary

-

in Libros y Documentos Institucionales from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)

Abstract: The present document provides an up-to-date overview of public debt and fiscal space in the region. The main conclusions show that public debt levels are low in Latin America and high in the Caribbean. Overall, the region has enough fiscal space to apply countercyclical policies and boost production development and the fiscal management of non-renewable natural resources needs to be modernized. It explains that fiscal policy has a very limited impact on the distribution of disposable income and in a volatile macroeconomic environment, reforms should aim to strengthen personal income tax.

Date: 2015 Written 2015-03
References: Add references at CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
http://repositorio.cepal.org/handle/11362/37748

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecr:col016:37748

Access Statistics for this book

More books in Libros y Documentos Institucionales from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) Contact information at EDIRC.
Bibliographic data for series maintained by Biblioteca CEPAL ().