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dc.titleSocial Expenditure in Central America, Panama and the Dominican Republic at a Glance: 2007-2013
dc.contributor.authorSolera, Marco
dc.contributor.authorDurán, Esteban
dc.contributor.authorPrat, Jordi
dc.contributor.authorDumas, Víctor
dc.contributor.authorLafuente, Mariano
dc.contributor.authorArdanaz, Martín
dc.contributor.authorGutiérrez Juárez, Priscilla
dc.contributor.authorVargas Cullell, Jorge
dc.contributor.authorBeverinotti, Javier
dc.contributor.editorBeverinotti, Javier
dc.contributor.editorPrat, Jordi
dc.contributor.orgunitCountry Department Central America, Mexico, Panama and the Dominican Republic
dc.coverageBelize
dc.coverageDominican Republic
dc.coverageHonduras
dc.coverageGuatemala
dc.coverageEl Salvador
dc.coverageNicaragua
dc.coverageCosta Rica
dc.coveragePanama
dc.coverageThe Caribbean
dc.coverageCentral America
dc.date.available2016-03-15T00:00:00
dc.date.issue2016-03-01T00:00:00
dc.description.abstractSocial spending is a powerful tool to reduce poverty, achieve higher equality and better life conditions for the inhabitants of a country. In "Social Expenditure in Central America, Panama and the Dominican Republic: 2007-2013", a characterization of the different variables that have taken social expenditure to its current position is performed. During the economic crisis period, many governments of the region confront this situation with an increase in social expenditures. However, part of the increase was centered on inflexible items, particularly wages, which facilitated the increase in fiscal deficits and, consequently, on public debt. Thus, after the financial crisis, the fiscal situation has reduced governments' buffers to respond to economic shocks, which imply that we need to examine the fiscal policy given its rigidity, the scarcity of public resources and the institutional contract. The study of wage bill increases provides more information related to the causes of this dynamic, and allow us to offer recommendations to improve spending management without threatening public finances. A better use of resources could contribute to define a more efficient and equitable agenda for the countries in the region. Finally, something that was not deeply explored, as of today, is the institutional complexity and how this could facilitate, or hinder, the government's ability to express its fiscal policy, including the effectiveness in the use of public resources.
dc.format.extent188
dc.identifier.doihttp://dx.doi.org/10.18235/0000257
dc.identifier.isbn9781597822510
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Social-Expenditure-in-Central-America-Panama-and-the-Dominican-Republic-at-a-Glance-2007-2013.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Una-mirada-al-gasto-social-en-Centroamérica-Panamá-y-República-Dominicana-2007-2013.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectPublic Expenditure
dc.subjectPublic Finance
dc.subjectFiscal Deficit
dc.subjectPublic Debt
dc.subjectPublic Health Expenditure
dc.subjectEducation Expenditure
dc.subject.jelcodeH53 - Government Expenditures and Welfare Programs
dc.subject.jelcodeH52 - Government Expenditures and Education
dc.subject.jelcodeH51 - Government Expenditures and Health
dc.subject.jelcodeH4 - Publicly Provided Goods
dc.subject.jelcodeH3 - Fiscal Policies and Behavior of Economic Agents
dc.subject.jelcodeH1 - Structure and Scope of Government
dc.subject.keywordswages;wage bill;public sector;institutionality;public expenditure;efficiency;Central America;social expenditure;health spending;education spending
dc.typeBooks
idb.identifier.pubnumberBooks
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