Taxes and Spending in Latin America: First Stability, Now Development
Latin America has not neglected fiscal policy. Since the end of the debt crisis of the 1980s, governments in the region have tightened their belts assiduously. Fiscal deficits have fallen from 11 per cent of public revenues in the 1970s and 1980s, to only 8 per cent since 2000. The year-to-year vola...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2008
|
| Schriftenreihe: | OECD Development Centre Policy Insights
no.77 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Latin America has not neglected fiscal policy. Since the end of the debt crisis of the 1980s, governments in the region have tightened their belts assiduously. Fiscal deficits have fallen from 11 per cent of public revenues in the 1970s and 1980s, to only 8 per cent since 2000. The year-to-year volatility of taxes, spending and deficits - long a feature of fiscal policy making in the region with harmful effects for economic performance - has likewise fallen: an index of deficit volatility calculated by the OECD Latin American Economic Outlook 2009 shows a fall of a third from 1990-94 to 2000-06, with Latin America standing just 6 per cent above the volatility levels in OECD countries in the latter period. |
| Beschreibung: | 1 Online-Ressource (2 p.) 21 x 29.7cm. |
| DOI: | 10.1787/228386641421 |
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| 520 | |a Latin America has not neglected fiscal policy. Since the end of the debt crisis of the 1980s, governments in the region have tightened their belts assiduously. Fiscal deficits have fallen from 11 per cent of public revenues in the 1970s and 1980s, to only 8 per cent since 2000. The year-to-year volatility of taxes, spending and deficits - long a feature of fiscal policy making in the region with harmful effects for economic performance - has likewise fallen: an index of deficit volatility calculated by the OECD Latin American Economic Outlook 2009 shows a fall of a third from 1990-94 to 2000-06, with Latin America standing just 6 per cent above the volatility levels in OECD countries in the latter period. | ||
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| spelling | Dayton-Johnson, Jeff VerfasserIn aut Taxes and Spending in Latin America First Stability, Now Development Jeff, Dayton-Johnson Paris OECD Publishing 2008 1 Online-Ressource (2 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Development Centre Policy Insights no.77 Latin America has not neglected fiscal policy. Since the end of the debt crisis of the 1980s, governments in the region have tightened their belts assiduously. Fiscal deficits have fallen from 11 per cent of public revenues in the 1970s and 1980s, to only 8 per cent since 2000. The year-to-year volatility of taxes, spending and deficits - long a feature of fiscal policy making in the region with harmful effects for economic performance - has likewise fallen: an index of deficit volatility calculated by the OECD Latin American Economic Outlook 2009 shows a fall of a third from 1990-94 to 2000-06, with Latin America standing just 6 per cent above the volatility levels in OECD countries in the latter period. Development Parallele Sprachausgabe Französisch Fiscalité et dépenses en Amérique latine : Après la stabilisation, le développement FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/228386641421 Volltext |
| spellingShingle | Dayton-Johnson, Jeff Taxes and Spending in Latin America First Stability, Now Development Development |
| title | Taxes and Spending in Latin America First Stability, Now Development |
| title_auth | Taxes and Spending in Latin America First Stability, Now Development |
| title_exact_search | Taxes and Spending in Latin America First Stability, Now Development |
| title_full | Taxes and Spending in Latin America First Stability, Now Development Jeff, Dayton-Johnson |
| title_fullStr | Taxes and Spending in Latin America First Stability, Now Development Jeff, Dayton-Johnson |
| title_full_unstemmed | Taxes and Spending in Latin America First Stability, Now Development Jeff, Dayton-Johnson |
| title_short | Taxes and Spending in Latin America |
| title_sort | taxes and spending in latin america first stability now development |
| title_sub | First Stability, Now Development |
| topic | Development |
| topic_facet | Development |
| url | https://doi.org/10.1787/228386641421 |
| work_keys_str_mv | AT daytonjohnsonjeff taxesandspendinginlatinamericafirststabilitynowdevelopment |