Public Finance and Development in Colombia

1966 ◽  
Vol 8 (1) ◽  
pp. 11-33
Author(s):  
Milton C. Taylor ◽  
Raymond L. Richman
Keyword(s):  
Public Finance ◽  
Latin America ◽  
The Netherlands ◽  
Natural Resources ◽  
Capita Income ◽  
The Other ◽  
Per Capita Income ◽  
Land Area ◽  
High Culture ◽  
Per Capita

Colombia is a country of paradoxes. Because of the high culture of its ruling classes, Bogotá is called the “Athens of Latin America,” yet over one-third of the population is illiterate. The country is unusually well-endowed with natural resources, has a relatively large land area and a population of 15.6 million, but the per capita income is only the eighth highest in Latin America. Colombia is relatively underpopulated, with the same population as the Netherlands and 35 times its area, but there are millions of landless campesinos. Living in Bogotá, and walking the paths of the wealthy, it is difficult for a foreigner (and also for many Bogotanians) to believe that most Colombians are desperately poor. This is because Bogotá and the other main cities are like islands in a sea of poverty.

scholarly journals The Mechanics of Regime Instability in Latin America

2009 ◽  
Vol 1 (1) ◽  
pp. 5-36 ◽  
Author(s):  
Adam Przeworski
Keyword(s):  
Latin America ◽  
Capita Income ◽  
Lower Income ◽  
Per Capita Income ◽  
Income Levels ◽  
Per Capita ◽  
Past Experiences

The paper is narrowly addressed to a single puzzle: How did it happen that countries that attempted to install democracy earlier enjoyed it less frequently? Regime dynamics are driven by two mechanisms: (1) Democracies become more durable as per capita income increases, and (2) Past experiences with democracy destabilize both democracies and autocracies. As a result, countries that experiment with democracy at lower income levels experience more regime instability. Moreover, until they reach some income threshold, at any time such countries are less likely to be democratic than countries that first enter democracy when they have higher incomes. Hence, paradoxically, the resistance of European monarchies against democracy resulted in democracies that were more stable than those following post-independence attempts in Latin America.

scholarly journals Personal Income and Employment Creation Differences Among Spanish Tourist Destinations

Tourism ◽  
2021 ◽  
Vol 69 (3) ◽  
pp. 454-461
Author(s):  
José Francisco Perles-Ribes ◽  
Ana Belén Ramón-Rodríguez ◽  
Martín Sevilla-Jiménez ◽  
María Jesús Such-Devesa
Keyword(s):  
Canary Islands ◽  
Capita Income ◽  
Balearic Islands ◽  
Personal Income ◽  
The Other ◽  
Per Capita Income ◽  
Employment Creation ◽  
Tourist Destinations ◽  
Employment Generation ◽  
Per Capita

This note explores the differences existing in the level of per capita income and employment creation in residential and hotel-based tourist destinations. The exercise is conducted on a pool of 136 tourist destinations of the Spanish coastline, the Balearic Islands and the Canary Islands. The results point out that in terms of income and employment generation no model clearly outperforms the other.

Club convergence in Latin America

2015 ◽  
Vol 15 (2) ◽  
Author(s):  
Victor Martin ◽  
Guillermo Vazquez
Keyword(s):  
Latin America ◽  
Latin American ◽  
Capita Income ◽  
Per Capita Income ◽  
Club Convergence ◽  
Convergence Test ◽  
Per Capita ◽  
Transition Modeling ◽  
Latin American Countries

AbstractThis paper assesses the convergence in per capita income of a group of 18 Latin American countries over the period 1950–2008. We employ a novel regression based convergence test proposed by (Phillips, P. C. B., and D. Sul. 2007. “Transition Modeling and Econometric Convergence Tests.”

Need to Design and Apply a More Effective Anti-Inflationary Plan in Latin America

1989 ◽  
Vol 31 (1-2) ◽  
pp. 105-124
Author(s):  
Felipe Pazos
Keyword(s):  
Latin America ◽  
Income Distribution ◽  
Capita Income ◽  
Debt Crisis ◽  
Income Growth ◽  
Per Capita Income ◽  
Absolute Poverty ◽  
Urban Riots ◽  
Price Increases ◽  
Per Capita

In recent years, price increases in the inflation-prone countries of Latin America have accelerated from their former customary pace of 2 low digits to 3, 4, or more digits and are inflicting much more economic, social, and political damage than the old, slower price increases ever did. The joint (and inter-related) effects of the debt crisis plus galloping inflation have stopped income growth, reduced per capita income, lowered real salaries, increased unemployment (and underemployment), impaired income distribution, increased absolute poverty, and provoked urban riots.

scholarly journals Konvergensi Pendapatan Per kapitq di Provinsi Kalimantan Barat dan Kalimantan Timur Tahun 2001-2007 serta Faktor - Faktor yang Mempengaruhi

2009 ◽  
Vol 10 (1) ◽  
pp. 35-52
Author(s):  
Sri Kurniawati ◽  
Eddy Suratman
Keyword(s):  
Convergence Rate ◽  
Half Life ◽  
Capita Income ◽  
The Other ◽  
Per Capita Income ◽  
West Kalimantan ◽  
East Kalimantan ◽  
Sigma Convergence ◽  
Per Capita ◽  
Beta Convergence

This research is aimed to identify -disparity of per capita income in of the Kasaba border area (Kalimantan-Sarawak-Sabah) in West Kalimantan and East Kalimantan over the period 2001-2007. It was done by observing the coefficient variation that shows whether the sigma convergence happened or not. The other aims are to examine the determinant of beta convergence using OLS regressions with panel data. The results show that sigma convergence was not happened in West Kalimantan and East Kalimantan over the period 2001-2007. This indicated that the disparity of per capita income was happened. Beta convergence analysis indicated that absolute convergence was happened with convergence rate is 4.46 percent per year and the half-life convergence is 15.45 years. Development expenditure variable, work force participation rate and educational attainment were gave positive influence. On the other hand population growth variable was gave negative influence to the conditional convergence with convergence rate is 4.39 percent per year and the half-life convergence is 15.71 years.

Economic Performance and Public Finance in Kenya, 1960-2010

2018 ◽  
Vol 47 (2) ◽  
Author(s):  
Kempe Ronald Hope
Keyword(s):  
Public Finance ◽  
Economic Performance ◽  
Emerging Economy ◽  
The Other ◽  
Government Investment ◽  
The Past ◽  
Other Hand ◽  
Private Savings ◽  
Per Capita ◽  
Real Growth

Countries with positive per capita real growth are characterised by positive national savings—including government savings, increases in government investment, and strong increases in private savings and investment. On the other hand, countries with negative per capita real growth tend to be characterised by declines in savings and investment. During the past several decades, Kenya’s emerging economy has undergone many changes and economic performance has been epitomised by periods of stability, decline, or unevenness. This article discusses and analyses the record of economic performance and public finance in Kenya during the period 1960‒2010, as well as policies and other factors that have influenced that record in this emerging economy. 

The Problem of Agricultural Taxation in West Pakistan and an Alternative Solution: A Comment (Notes & Comments)

1973 ◽  
Vol 12 (4) ◽  
pp. 433-437
Author(s):  
Sarfaraz Khan Qureshi
Keyword(s):  
Capita Income ◽  
Agricultural Sector ◽  
Central Government ◽  
Policy Implications ◽  
Farm Size ◽  
Per Capita Income ◽  
Tax Rate ◽  
Water Rate ◽  
Per Capita ◽  
The Government

In the Summer 1973 issue of the Pakistan Development Review, Mr. Mohammad Ghaffar Chaudhry [1] has dealt with two very important issues relating to the intersectoral tax equity and the intrasectoral tax equity within the agricultural sector in Pakistan. Using a simple criterion for vertical tax equity that implies that the tax rate rises with per capita income such that the ratio of revenue to income rises at the same percentage rate as per capita income, Mr. Chaudhry found that the agricultural sector is overtaxed in Pakistan. Mr. Chaudhry further found that the land tax is a regressive levy with respect to the farm size. Both findings, if valid, have important policy implications. In this note we argue that the validity of the findings on intersectoral tax equity depends on the treatment of water rate as tax rather than the price of a service provided by the Government and on the shifting assumptions regard¬ing the indirect taxes on imports and domestic production levied by the Central Government. The relevance of the findings on the intrasectoral tax burden would have been more obvious if the tax liability was related to income from land per capita.

A Successful Population Policy: Potentials and Constraints (Distinguishedl Lecture)

1993 ◽  
Vol 32 (4I) ◽  
pp. 411-431
Author(s):  
Hans-Rimbert Hemmer
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Population Growth ◽  
Capita Income ◽  
Population Policy ◽  
Mortality Rates ◽  
Per Capita Income ◽  
Access To Health Services ◽  
Industrial Countries ◽  
Per Capita

The current rapid population growth in many developing countries is the result of an historical process in the course of which mortality rates have fallen significantly but birthrates have remained constant or fallen only slightly. Whereas, in industrial countries, the drop in mortality rates, triggered by improvements in nutrition and progress in medicine and hygiene, was a reaction to economic development, which ensured that despite the concomitant growth in population no economic difficulties arose (the gross national product (GNP) grew faster than the population so that per capita income (PCI) continued to rise), the drop in mortality rates to be observed in developing countries over the last 60 years has been the result of exogenous influences: to a large degree the developing countries have imported the advances made in industrial countries in the fields of medicine and hygiene. Thus, the drop in mortality rates has not been the product of economic development; rather, it has occurred in isolation from it, thereby leading to a rise in population unaccompanied by economic growth. Growth in GNP has not kept pace with population growth: as a result, per capita income in many developing countries has stagnated or fallen. Mortality rates in developing countries are still higher than those in industrial countries, but the gap is closing appreciably. Ultimately, this gap is not due to differences in medical or hygienic know-how but to economic bottlenecks (e.g. malnutrition, access to health services)

Income-Based Poverty among Non-Farm Households in Rural Punjab

2020 ◽  
pp. 204-210
Keyword(s):  
World Bank ◽  
Capita Income ◽  
Poverty Line ◽  
Farm Households ◽  
Farm Household ◽  
Expert Group ◽  
Per Capita Income ◽  
Service Category ◽  
Self Employment ◽  
Per Capita

This paper focuses upon the magnitude of income-based poverty among non-farm households in rural Punjab. Based on the primary survey, a sample of 440 rural non-farm households were taken from 44 sampled villages located in all 22 districts of Punjab.The poverty was estimated on the basis of income level. For measuring poverty, various methods/criteria (Expert Group Criteria, World Bank Method and State Per Capita Income Criterion) were used. On the basis of Expert Group Income criterion, overall, less than one-third of the persons of rural non-farm household categories are observed to be poor. On the basis, 40 percent State Per Capita Income Criteria, around three-fourth of the persons of all rural non-farm household categories are falling underneath poverty line. Similarly, the occurrence of the poverty, on the basis of 50 percent State Per Capita Income Criteria, showed that nearly four-fifths of the persons are considered to be poor. As per World Bank’s $ 1.90 per day, overall, less than one-fifth of rural non-farm household persons are poor. Slightly, less than one-fourth of the persons are belonging to self-employment category, while, slightly, less than one-tenth falling in-service category. On the basis of $ 3.10 per day criteria, overall, less than two-fifth persons of all rural non-farm household categories were living below the poverty line.

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