What is it about?
We explain the fiscal policies' positive as well as negative impacts on the development possibilities of less developed countries characterized by highly unequally distributed incomes and economies highly dependent on primary, extractive and dirty industries, like the Latin American countries.
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Why is it important?
Because we show the most relevant economic and social policy challenges for the economies of these countries for the coming twenty years if they want take off from underdevelopment.
Perspectives
This paper can help some people to conceptually link the economic technicalities of economic policies’ relevance for economic and social development with some key (political economy) dimensions of the real world functioning of the economic systems in developing countries.
Eugenio Figueroa
Read the Original
This page is a summary of: On the Nexus Between Fiscal Policies and Sustainable Development, Sustainable Development, June 2016, Wiley,
DOI: 10.1002/sd.1622.
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