Fiscal mechanisms in the context of COVID-19: A look at economic inequalities in Latin America
Journal Title: Revista CEA - Year 2022, Vol 8, Issue 18
Abstract
This article consists of identifying the fiscal policies implemented in Latin America, their effects and the focus on the visualization of economic inequalities in the context of the pandemic caused by COVID-19. The methodology developed is the literature review of the years 2020 and 2021, in specialized research and thematic statistics databases Scopus and Redalyc. The countries with the highest results in terms of research carried out were taken as a sample: Argentina, Brazil, Chile, Colombia, Ecuador, Mexico and Peru. The results indicate that although the tax structures in these countries are similar, the highest collection in recent years is in Brazil and Mexico, in terms of the measures taken in fiscal and monetary policy, the largest amount were taken by Brazil and Colombia, in spending as a percentage of GDP, the region is below average compared to countries with different income levels except Brazil and Argentina with 31,8 % and 30 % respectively. The conclusions highlight the problems in the tax structure that became evident with the pandemic in developing countries and the neutrality of the tax mechanisms as they do not have positive effects on economic inequalities.
Authors and Affiliations
Albeiro Aguirre-Ríos, Juan José Espinal Piedrahita, Ruby Stella Cabrera Jaramillo, Sol Beatriz Vélez Escobar
Keywords
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- EP ID EP716663
- DOI https://doi.org/10.22430/24223182.2211
- Views 63
- Downloads 0
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