Fiscal Space for Investment in Infrastructure in Colombia

Fiscal Space for Investment in Infrastructure in Colombia

For the evaluation of macroeconomic policies Colombian authorities rely heavily, if not exclusively, on the operational framework known as the Financial Programming Model developed by the International Monetary Fund in the 1950s. Based on this static framework, the formulation of fiscal policy in th...

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Bibliographic Details
Main Author: Suescún, Rodrigo
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ADVERSE EFFECTS
AGGREGATE DEMAND
ANALYTICAL APPROACH
BALANCE OF PAYMENTS
BALANCE SHEET
BENCHMARK
BORROWING
BUDGET CONSTRAINT
CAPITAL EXPENDITURES
CAPITAL FORMATION
CAPITAL GOODS
CAPITAL MARKETS
CENTRAL BANK
CONSOLIDATION
CONSTANT RETURNS TO SCALE
CONSUMPTION EXPENDITURES
CONSUMPTION TAXES
CURRENT EXPENDITURES
DEBT
DEFICITS
DIMINISHING RETURNS
DISCOUNT RATES
DOMESTIC PRICE
ECONOMIC ACTIVITY
ECONOMIC BEHAVIOR
ECONOMIC GROWTH
ELASTICITY
ELASTICITY OF SUBSTITUTION
EMPIRICAL EVIDENCE
EMPIRICAL STUDIES
EMPLOYMENT
ENDOGENOUS VARIABLES
EQUILIBRIUM
EXCHANGE RATE
EXOGENOUS VARIABLES
EXPENDITURES
EXPORTS
EXTERNALITIES
EXTERNALITY
FINANCIAL MARKETS
FISCAL ADJUSTMENT
FISCAL AUTHORITY
FISCAL BALANCE
FISCAL DEFICIT
FISCAL PERFORMANCE
FISCAL POLICIES
FISCAL POLICY
FISCAL RETRENCHMENT
FISCAL RULES
FORECASTS
FOREIGN EXCHANGE
GDP
GENERAL EQUILIBRIUM MODEL
GOVERNMENT BONDS
GOVERNMENT BUDGET
GOVERNMENT DEBT
GROSS DEBT
GROSS PUBLIC DEBT
GROWTH RATE
HUMAN CAPITAL
IMPERFECT SUBSTITUTES
IMPORTS
INCOME
INCOME TAXES
INFLATION
INTEREST RATE
INTEREST RATES
INTERMEDIATE GOODS
LAWS
LEISURE
MACROECONOMIC POLICIES
MARGINAL PRODUCTIVITY
MIDDLE INCOME COUNTRIES
NATIONAL INCOME
NATURAL MONOPOLY
OIL
OPERATING SURPLUS
OPTIMIZATION
PENSION LIABILITIES
PENSION OBLIGATIONS
POPULATION GROWTH
PRIVATE CONSUMPTION
PRIVATE GOODS
PRIVATE SECTOR
PRIVATIZATION
PRODUCTION FUNCTION
PRODUCTION TECHNOLOGY
PROVISION OF INFRASTRUCTURE
PUBLIC CAPITAL
PUBLIC CAPITAL SPENDING
PUBLIC DEBT
PUBLIC ENTERPRISES
PUBLIC INFRASTRUCTURE
PUBLIC INVESTMENT
PUBLIC INVESTMENT IN INFRASTRUCTURE
PUBLIC POLICIES
PUBLIC SECTOR
PUBLIC SPENDING
RANDOM WALK
RATIONAL EXPECTATIONS
REAL EXCHANGE RATE
REAL WAGE
RELATIVE PRICE
RELATIVE PRICES
RISK PREMIUM
SECURITIES
SOCIAL SECURITY
SUPPLY CURVE
SUSTAINABLE GROWTH
TAX
TAX COLLECTION
TAX RATES
TAX REVENUE
TAX REVENUES
TAXATION
TELECOMMUNICATIONS
TERMS OF TRADE
TRANSPORT
USER CHARGES
VALUE ADDED
Online Access:http://documents.worldbank.org/curated/en/2005/06/5852353/fiscal-space-investment-infrastructure-colombia
http://hdl.handle.net/10986/8228

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