La (in)eficiencia del gasto público en Colombia en el siglo XXI: una visión desde los planes nacionales de desarrollo

The (in) efficiency of public expenditure in colombia in the 21st century: a view from the national development plans

Juan Camilo Alarcón Saavedra, Laura Alejandra Buitrago Niño, Jairo Enrique Galvis Avella and Oscar David Hidalgo Jaimes

Econógrafos, Escuela de Economía from Universidad Nacional de Colombia, FCE, CID

Abstract: This text analyzes the efficiency of public spending in Colombia during the 21st century, from the perspective of the National Development Plans (PND) proposed by each government. To this end, a review was made of the diagnoses and policy objectives in relation to the efficiency of spending in each PND and, subsequently, a comparative analysis was made between them to determine the quality of spending and evaluate its variation in recent years. The results reveal although public spending in the country has been increasing, it has not been efficient. Moreover, when compared to other countries, the percentage of public spending in Colombia is still relatively low.

Keywords: public expenditure; efficiency; targeting; National Development Plan; government (search for similar items in EconPapers)
JEL-codes: H50 H59 N46 O21 (search for similar items in EconPapers)
Pages: 51
Date: 2021-08
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Persistent link: https://EconPapers.repec.org/RePEc:col:000176:022663

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