Política fiscal para un nuevo régimen de bienestar post pandemia COVID-19 basado en Buen Vivir

Fiscal policy for a new post-pandemic COVID-19 welfare regime based on Good Living

Santiago García Álvarez

MPRA Paper from University Library of Munich, Germany

Abstract: The great impacts from the COVID-19 health pandemic showed the economistic and instrumentalist limits of fiscal policy, which was verwhelmed by the disruptive crisis in all the countries of the world. In addition, there are great challenges to face climate change. In this context, the main objective of this work is to analyze and propose a set of principles and instruments that should characterize fiscal policy to achieve a new welfare regime called Good Living, which in turn comprises three fundamental elements: i) biocentric sustainability, ii) social equity and, iii) personal satisfaction. The methodology used is basically a bibliographic review under the cross-reference technique, on the concepts of welfare regime and Good Living. It reviews the main fiscal proposals from both the new macroeconomic consensus, as well as the so-called macroeconomics for development and the counter-cyclical fiscal policy from ECLAC. Main conclusions: fiscal policy for Good Living changes the instrumentalist fiscal vision and relates it to a broad and integrated vision in the social, economic and environmental spheres, but without neglecting the criteria of sustainability of the processes through the generation of adequate income and financing, therefore, it would have a higher level than the approaches of the mainstream and Latin American neostructuralism.

Keywords: Fiscal policy; welfare regime; good living; macroeconomics; Ecuador (search for similar items in EconPapers)
JEL-codes: E63 O23 (search for similar items in EconPapers)
Date: 2022-11-30, Revised 2023-05-23
References: Add references at CitEc
Citations:

Published in International Review of Economic Policy 1.5(2023): pp. 23-37

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/129687/1/MPRA_paper_129687.pdf original version (application/pdf)

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:pra:mprapa:129687

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().