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¿Podemos sostener la Deuda Pública?

Author

Listed:
  • Carlos Esteban Posada
  • Luis Eduardo Arango

Abstract

Se presentan argumentos que indican que es necesario, ahora, diseñar una estrategia convincente de generación de superávit fiscales primarios futuros (permanentes) cuyo rango está entre 0.9% y 1.5% del PIB, de manera que el actual nivel de endeudamiento pueda ser juzgado sostenible. En tal caso, su resultado inmediato sería la reducción del "spread" de la deuda.

Suggested Citation

  • Carlos Esteban Posada & Luis Eduardo Arango, 2000. "¿Podemos sostener la Deuda Pública?," Borradores de Economia 165, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:borrec:165
    DOI: 10.32468/be.165
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    References listed on IDEAS

    as
    1. Alberto Alesina & Roberto Perotti, 1997. "Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects," IMF Staff Papers, Palgrave Macmillan, vol. 44(2), pages 210-248, June.
    2. Antonio Hernández Gamarra & Luis I. Lozano Espitia & Martha Misas Arango, 2000. "La disyuntiva de la deuda pública: pagar o sisar," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 2(3), pages 149-184, July-dece.
    3. Patricia Correa, 2000. "Public Debt , Publit Debt Markets And Monetary Policy In Colombia," Borradores de Economia 3406, Banco de la Republica.
    4. Patricia Correa, 2000. "Public Debt, Public Debt Markets and Monetary Policy in Colombia," Borradores de Economia 147, Banco de la Republica de Colombia.
    5. Carlos Esteban Posada, 2000. "Señoraje, Impuesto Inflacionario y Utilidades (Brutas) del Emisor: Definiciones y Medidas del Caso Colombiano Reciente," Borradores de Economia 3492, Banco de la Republica.
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    Cited by:

    1. María Angélica Arbeláez Restrepo & Ulpiano Ayala Oramas & James Poterba, 2002. "Debt and Deficits:Colombia´s Unsustainable Fiscal Mix," Informes de Investigación 2250, Fedesarrollo.

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    More about this item

    Keywords

    Gasto público; superávit(déficit) primario; deuda pública; spread de la deuda;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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