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¿Es posible alcanzar los Objetivos del Milenio en Colombia? Una evaluación de estrategias de focalización y financiamiento

Author

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  • Hernandez, Gustavo Adolfo
  • Nunez, Jairo
  • Gonzalez, Nestor

Abstract

Using the methodology of simulations from a model dynamic computable general equilibrium, which includes a module that involves behavior of the Millennium Development Goals (MDGs) assesses the potential macroeconomic and social effects of different ways to achieve those objectives in Colombia. Given the complementarity between each of the objectives, the strategy to achieve in education, health and water supply and sewage could be financed through taxation, since there is serious problems implementation when funding is raised through debt. From a micro-simulation exercise assesses the impact of such strategies on poverty and income distribution, which reported modest progress in reducing poverty, due, primarily to positive behavior in the rate of unemployment on poverty; the results are encouraging, because it is very close to meeting the objective. This makes clear that a country like Colombia requires more than achieving the other MDGs, to achieve the goals in poverty.

Suggested Citation

  • Hernandez, Gustavo Adolfo & Nunez, Jairo & Gonzalez, Nestor, 2007. "¿Es posible alcanzar los Objetivos del Milenio en Colombia? Una evaluación de estrategias de focalización y financiamiento," MPRA Paper 28432, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:28432
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    References listed on IDEAS

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    1. Ligia Melo B. & Juana Téllez C. & Héctor Zárate S. Author-Email:hzaratso@banrep.gov.co, 2006. "El ahorro de los hogares en Colombia," Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 24(52), pages 110-161, Diciembre.
    2. Attanasio, Orazio & Goldberg, Pinelopi K. & Pavcnik, Nina, 2004. "Trade reforms and wage inequality in Colombia," Journal of Development Economics, Elsevier, vol. 74(2), pages 331-366, August.
    3. Jorge Saba Arbache, 2001. "Trade Liberalisation and Labor Markets in Developing Countries: Theory and Evidence," Studies in Economics 0112, School of Economics, University of Kent.
    4. Eduardo Lora & Ugo Panizza, 2002. "Structural Reforms in Latin America under Scrutiny," Research Department Publications 4303, Inter-American Development Bank, Research Department.
    5. Sherman Robinson & Andrea Cattaneo & Moataz El-Said, 2001. "Updating and Estimating a Social Accounting Matrix Using Cross Entropy Methods," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 47-64.
    6. Jairo Nuñez & Silvia Espinosa, 2005. "Pro-Poor Growth And Pro-Poor Programs In Colombia," DOCUMENTOS CEDE 003379, UNIVERSIDAD DE LOS ANDES-CEDE.
    7. Löfgren, Hans & Harris, Rebecca Lee & Robinson, Sherman, 2001. "A standard computable general equilibrium (CGE) model in GAMS," TMD discussion papers 75, International Food Policy Research Institute (IFPRI).
    8. Leonardo Villar & Hernán Rincón, 2000. "The Colombian Economy In The Nineties: Capital Flows And Foreign Exchange Regimes," BORRADORES DE ECONOMIA 003575, BANCO DE LA REPÚBLICA.
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    More about this item

    Keywords

    Computable general equilibrium; Millennium development goals.;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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