15 resultados para Space and place

em Comissão Econômica para a América Latina e o Caribe (CEPAL)


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El símbolo E/840/Rev.1 corresponde a la edición bilingüe inglés/francés publicada en 1953

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The present document provides an up-to-date overview of public debt and fiscal space in the region. The main conclusions show that public debt levels are low in Latin America and high in the Caribbean. Overall, the region has enough fiscal space to apply countercyclical policies and boost production development and the fiscal management of non-renewable natural resources needs to be modernized. It explains that fiscal policy has a very limited impact on the distribution of disposable income and in a volatile macroeconomic environment, reforms should aim to strengthen personal income tax.

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Includes bibliography

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Includes bibliography