Fiscal Panorama of Latin America and the Caribbean 2022: Fiscal policy challenges for sustainable and inclusive development
The region is facing a complex economic situation, marked by slowing growth, rising inflation, interest rate hikes and volatility in international markets. This context puts pressure on public finances, compounded by increasing demands for social welfare, investment and environmental sustainability,...
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ECLAC
2022
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| Acceso en línea: | 9789211220865 9789211220865 9789211220865 9789211220865 |
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cepal-11362-48015 |
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cepal-11362-48015 Fiscal Panorama of Latin America and the Caribbean 2022: Fiscal policy challenges for sustainable and inclusive development NU. CEPAL HACIENDA PUBLICA POLITICA FISCAL POLITICA PRESUPUESTARIA COVID-19 VIRUS PANDEMIAS ASPECTOS ECONOMICOS RECURSOS NATURALES DESARROLLO ECONOMICO DESARROLLO SOSTENIBLE MACROECONOMIA PUBLIC FINANCE FISCAL POLICY BUDGETARY POLICY COVID-19 VIRUSES PANDEMICS ECONOMIC ASPECTS NATURAL RESOURCES ECONOMIC DEVELOPMENT SUSTAINABLE DEVELOPMENT MACROECONOMICS The region is facing a complex economic situation, marked by slowing growth, rising inflation, interest rate hikes and volatility in international markets. This context puts pressure on public finances, compounded by increasing demands for social welfare, investment and environmental sustainability, which pose fiscal policy challenges. The Fiscal Panorama of Latin America and the Caribbean, 2022 proposes a fiscal policy design that would help to drive sustainable development, by strengthening tax collection and making tax structures more progressive, and giving a strategic orientation to public spending to turn it into an instrument of development. The report analyses the fiscal trends observed in 2021, which included an upturn in tax receipts and a slowdown in public spending that resulted in smaller fiscal deficits. It also examines fiscal rules and the mechanisms used to ease them during the pandemic, proposing a rethink of these rules aimed at pro-growth fiscal policy. Lastly, it studies the fiscal frameworks applied to hydrocarbon production and mining with a view to maximizing their contribution to the implementation of the 2030 Agenda for Sustainable Development. Foreword .-- Chapter I. Public finance trends in Latin America and the Caribbean in 2021 .-- Chapter II. The future of fiscal rules in Latin America and the Caribbean: inputs for their reformulation following the impact of the coronavirus disease (COVID-19) pandemic .-- Chapter III. Fiscal frameworks for the exploitation of non-renewable natural resources in Latin America and the Caribbean. 2022-07-22T15:25:02Z 2022-07-22T15:25:02Z 2022-07-22 Texto Documento Completo 9789211220865 https://hdl.handle.net/11362/48015 LC/PUB.2022/7-P 9789210055789 en Fiscal Panorama of Latin America and the Caribbean .pdf application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN ECLAC |
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Cepal |
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Libros Digitales Cepal |
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Sistema Integrado de Documentación |
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Libros Digitales Cepal |
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Libro en línea |
| title |
Fiscal Panorama of Latin America and the Caribbean 2022: Fiscal policy challenges for sustainable and inclusive development |
| spellingShingle |
Fiscal Panorama of Latin America and the Caribbean 2022: Fiscal policy challenges for sustainable and inclusive development HACIENDA PUBLICA POLITICA FISCAL POLITICA PRESUPUESTARIA COVID-19 VIRUS PANDEMIAS ASPECTOS ECONOMICOS RECURSOS NATURALES DESARROLLO ECONOMICO DESARROLLO SOSTENIBLE MACROECONOMIA PUBLIC FINANCE FISCAL POLICY BUDGETARY POLICY COVID-19 VIRUSES PANDEMICS ECONOMIC ASPECTS NATURAL RESOURCES ECONOMIC DEVELOPMENT SUSTAINABLE DEVELOPMENT MACROECONOMICS |
| title_short |
Fiscal Panorama of Latin America and the Caribbean 2022: Fiscal policy challenges for sustainable and inclusive development |
| title_full |
Fiscal Panorama of Latin America and the Caribbean 2022: Fiscal policy challenges for sustainable and inclusive development |
| title_fullStr |
Fiscal Panorama of Latin America and the Caribbean 2022: Fiscal policy challenges for sustainable and inclusive development |
| title_full_unstemmed |
Fiscal Panorama of Latin America and the Caribbean 2022: Fiscal policy challenges for sustainable and inclusive development |
| title_sort |
fiscal panorama of latin america and the caribbean 2022: fiscal policy challenges for sustainable and inclusive development |
| topic |
HACIENDA PUBLICA POLITICA FISCAL POLITICA PRESUPUESTARIA COVID-19 VIRUS PANDEMIAS ASPECTOS ECONOMICOS RECURSOS NATURALES DESARROLLO ECONOMICO DESARROLLO SOSTENIBLE MACROECONOMIA PUBLIC FINANCE FISCAL POLICY BUDGETARY POLICY COVID-19 VIRUSES PANDEMICS ECONOMIC ASPECTS NATURAL RESOURCES ECONOMIC DEVELOPMENT SUSTAINABLE DEVELOPMENT MACROECONOMICS |
| description |
The region is facing a complex economic situation, marked by slowing growth, rising inflation, interest rate hikes and volatility in international markets. This context puts pressure on public finances, compounded by increasing demands for social welfare, investment and environmental sustainability, which pose fiscal policy challenges.
The Fiscal Panorama of Latin America and the Caribbean, 2022 proposes a fiscal policy design that would help to drive sustainable development, by strengthening tax collection and making tax structures more progressive, and giving a strategic orientation to public spending to turn it into an instrument of development. The report analyses the fiscal trends observed in 2021, which included an upturn in tax receipts and a slowdown in public spending that resulted in smaller fiscal deficits. It also examines fiscal rules and the mechanisms used to ease them during the pandemic, proposing a rethink of these rules aimed at pro-growth fiscal policy. Lastly, it studies the fiscal frameworks applied to hydrocarbon production and mining with a view to maximizing their contribution to the implementation of the 2030 Agenda for Sustainable Development. |
| publisher |
ECLAC |
| publishDate |
2022 |
| url |
9789211220865 9789211220865 9789211220865 9789211220865 |
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1764118923566907392 |
