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Gestión fiscal

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Carolina Ulloa Suárez

Carolina Ulloa Suárez es consultora de la División de Gestión Fiscal del BID. Tiene un doctorado en economía de la Escuela de Economía de Aix Marseille (AMSE) y una maestría en macroeconomía y desarrollo de la misma universidad. En su investigación, se ha centrado en el papel de las reglas fiscales en el sostenimiento de las finanzas públicas y su impacto en el desarrollo socioeconómico. Su trabajo ha sido publicado en revistas como el "European Journal of Political Economy" y el "Journal of Government and Economics". También ha trabajado como consultora para el sector de Desarrollo de la Organización Mundial de la Propiedad Intelectual y enseña regularmente en instituciones académicas, entre ellas Sciences Po Paris, la Universidad Paris-Panthéon-Assas y la Universidad Aix-Marseille y la Universidad Externado de Colombia. Sus intereses de investigación y políticas incluyen cuestiones macrofiscales, la sostenibilidad de las finanzas públicas, el papel estabilizador de la política fiscal y el desarrollo.

Carolina Ulloa Suárez

Carolina Ulloa Suárez is a consultant for the Fiscal Management Division of the IDB. She holds a Ph.D. in economics from Aix Marseille School of Economics (AMSE) and a master in macroeconomics and development from the same university. In her research, she has focused on the role of fiscal policy rules in sustaining public finances and their impact on socioeconomic development. Her work has been published in journals such as the "European Journal of Political Economy" and the "Journal of Government and Economics." She has also worked as a consultant for the Development sector of the World Intellectual Property Organisation and she regularly teaches in academic institutions, including Sciences Po Paris, Paris-Panthéon-Assas University and Aix-Marseille University and the Externado University of Colombia. Her research and policy interests include macro-fiscal issues, public finance sustainability, the stabilizing role of fiscal policy and development.

Unveiling the Truth: How Sticking to Fiscal Rules Boosts Investment in Latin America

April 3, 2025 by Marta Ruiz-Arranz - Oscar Valencia - David Herrera - Carolina Ulloa Suárez Leave a Comment

compliance with fiscal rules boosts investments

There is a widespread belief that fiscal rules hinder public investment. The reasoning is straightforward: to adhere to these rules, governments often must reduce spending, particularly on infrastructure projects, which are not deemed essential in the short term. But is that really the case? New evidence from Europe, emerging markets and Latin America shows otherwise. … [Read more...] about Unveiling the Truth: How Sticking to Fiscal Rules Boosts Investment in Latin America

New Index Helps Governments Design Better Escape Clauses to Bridge Fiscal Rigidity with Crisis Adaptability

January 12, 2024 by Oscar Valencia - Carolina Ulloa Suárez - Jorge Guerra Leave a Comment

Escape Clauses

In recent years, the global economic landscape has been marked by unprecedented upheavals, including the Global Financial Crisis, the disruptions caused by the COVID-19 pandemic, and, more recently, geopolitical tensions. These crises have tested the resilience of fiscal frameworks, highlighting the pressing need for greater adaptability to navigate unforeseen challenges … [Read more...] about New Index Helps Governments Design Better Escape Clauses to Bridge Fiscal Rigidity with Crisis Adaptability

Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action

October 4, 2023 by Martín Ardanaz - Oscar Valencia - Carolina Ulloa Suárez Leave a Comment

Cumplimiento de reglas fiscales

Fiscal rules have become a common policy tool to promote the sustainability of public finances, as the number of countries with at least one fiscal rule has grown from ten in 1991 to more than 100 by 2021. Although fiscal rules promise to support fiscal discipline and maintain debt sustainability, their track record is often mixed, as simply adopting a fiscal rule does not … [Read more...] about Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action

Are Latin American and Caribbean Countries Complying with Their Fiscal Rules?

October 20, 2022 by Oscar Valencia - Carolina Ulloa Suárez Leave a Comment

Compliance to Fiscal Rules in latin America and the Caribbean

Over the past two decades, a growing number of Latin American and Caribbean (LAC) countries began adopting fiscal rules to limit overspending influenced by election cycles, public pressure, and other political economy factors, helping the region strengthen its fiscal solvency and sustainability. However, in recent years the region has suffered several external shocks that … [Read more...] about Are Latin American and Caribbean Countries Complying with Their Fiscal Rules?

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Welcome to the blog of the IDB’s Fiscal Management Division. This is the place where we talk about fiscal policy and management at the national and subnational levels in Latin America and the Caribbean.

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Recent Posts

  • Electronic Invoicing: A Latin American Innovation with Global Reach
  • Unveiling the Truth: How Sticking to Fiscal Rules Boosts Investment in Latin America
  • How Developing Countries Reduce the Impact of Climate Vulnerability on Sovereign Risk
  • Making Good Macro-Fiscal Forecasts for Medium-Term Fiscal Sustainability: Lessons from International Practice
  • Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

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