Déficits gemelos en Colombia y Latinoamérica
Since the recent international financial crisis of 2007-2009 there has been a global debate about twin deficits. The increase in public expenditure to manage the international crisis has generated uncertainty about the sustainability of fiscal and current account deficits. In Europe, Asia, and the U...
- Autores:
-
Sarmiento Palacio, Eduardo
Sarmiento Gómez, Eduardo
López, Martha
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2018
- Institución:
- Escuela Colombiana de Ingeniería Julio Garavito
- Repositorio:
- Repositorio Institucional ECI
- Idioma:
- spa
- OAI Identifier:
- oai:repositorio.escuelaing.edu.co:001/2506
- Acceso en línea:
- https://repositorio.escuelaing.edu.co/handle/001/2506
https://repositorio.escuelaing.edu.co
https://revistas.escuelaing.edu.co/index.php/reci/article/view/70/60
- Palabra clave:
- Gastos públicos - Colombia
Administración pública - Colombia
Gastos fiscales - Colombia
Déficit gemelo
- Rights
- closedAccess
- License
- http://purl.org/coar/access_right/c_14cb
Summary: | Since the recent international financial crisis of 2007-2009 there has been a global debate about twin deficits. The increase in public expenditure to manage the international crisis has generated uncertainty about the sustainability of fiscal and current account deficits. In Europe, Asia, and the United States there exist numerous studies about the topic. In the case of Latin America and Colombia the studies are scarce. This document shows evidence that in Colombia, and in other Latin American countries, current account and fiscal deficits are related. However, in most cases, causality is reverse. |
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