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Evaluación de la situación colombiana: réplica a los comentarios

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  • José Antonio Ocampo

Abstract

“Los detallados comentarios a mi artículo sobre la evaluación fiscal colombiana indican que éste consiguió su propósito de promover el debate sobre el desequilibrio actual de las finanzas públicas. Agradezco, en consecuencia, el esfuerzo de los doctores Fainboim, Alonso y Herrera, no obstante tener numerosos desacuerdos con los comentarios de este último. Antes de proceder a la réplica de los mismos, es importante recordar que la intención principal del artículo, como se mencionó en su introducción, consistía en llenar el vacío que dejaba la falta de un análisis integral de la información fiscal colombiana. Con ese propósito, se abordó el estudio de las cifras de evolución del gasto, déficit, endeudamiento, y del resultado de los esfuerzos de ajuste llevados a cabo por la Nación. No se pretendía anteponer la gestión de una Administración a la otra, como lo interpreta erróneamente Herrera, pues la raíz del problema fiscal no reside en una decisión puntual que un Gobierno haya adoptado en un momento dado. El artículo tampoco pretendía desconocer o minimizar la magnitud del desequilibrio fiscal al cual al se enfrenta el país. Un tercer objetivo del artículo era introducir al debate nacional medidas alternativas del déficit fiscal que, aunque ampliamente utilizadas en otros países, no lo han sido en nuestro medio. No se pretendía, con ello, ocultar los problemas o hacer una "aplicación mecánica y acrítica" de estos indicadores complementarios, como lo sugieren Fainboim y Alonso. Finalmente, un cuarto propósito del artículo consistía en hacer una evaluación precisa del avance que se ha logrado en el proceso de ajuste fiscal.”

Suggested Citation

  • José Antonio Ocampo, 1997. "Evaluación de la situación colombiana: réplica a los comentarios," Coyuntura Económica, Fedesarrollo, September.
  • Handle: RePEc:col:000438:013526
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    File URL: http://hdl.handle.net/11445/2171
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    References listed on IDEAS

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    1. Alberto Carrasquilla & Hernán Rincón, 1990. "Relaciones entre déficit público y ahorro privado: Aproximaciones al caso colombiano," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 9(18), pages 75-98, December.
    2. Francesco Giavazzi & Marco Pagano, 1995. "Non-Keynesian Effects of Fiscal Policy Changes: International Evidence and the Swedish Experience," NBER Working Papers 5332, National Bureau of Economic Research, Inc.
    3. Francesco Giavazzi & Marco Pagano, 1990. "Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries," NBER Chapters, in: NBER Macroeconomics Annual 1990, Volume 5, pages 75-122, National Bureau of Economic Research, Inc.
    4. Mr. Peter S. Heller, 1997. "Fiscal Policy Management in an Open Capital Regime," IMF Working Papers 1997/020, International Monetary Fund.
    5. Haque, Nadeem U & Montiel, Peter, 1989. "Consumption in Developing Countries: Tests for Liquidity Constraintsand Finite Horizons," The Review of Economics and Statistics, MIT Press, vol. 71(3), pages 408-415, August.
    6. Bertola, Giuseppe & Drazen, Allan, 1993. "Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity," American Economic Review, American Economic Association, vol. 83(1), pages 11-26, March.
    7. Michael Gavin & Ricardo Hausmann & Roberto Perotti & Ernesto Talvi, 1996. "Managing Fiscal Policy in Latin America and the Caribbean: Volatility, Procyclicality, and Limited Creditworthiness," Research Department Publications 4032, Inter-American Development Bank, Research Department.
    8. repec:idb:wpaper:326 is not listed on IDEAS
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    More about this item

    Keywords

    Finanzas Públicas; Déficit Fiscal; Gasto Público; Política Fiscal; Crecimiento Económico; Transferencias Territoriales; Ajuste Fiscal; Subsidios; Colombia;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

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