Abstract

GOMEZ CELI, John Freddy. The Public Debt Spiral in Colombia (1990-2020). Ágora U.S.B. [online]. 2022, vol.22, n.2, pp.693-714.  Epub Feb 23, 2023. ISSN 1657-8031.  https://doi.org/10.21500/16578031.6264.

The public debt in Colombia between 1990 and 2020 has become a structuring axis of the country's political economy and under its maintenance has generated a number of laws, decrees, and norms, which have largely determined the dyna mics of investment and social spending. Likewise, the rights of the Colombian population have been subordinated to the macroeconomic stability established under neoclassical theory. Although the public debt has a great relevance in the configuration of the State in Colombia, the analysis of the problem of public debt and its service is vague, and it does not structure the fiscal crisis of the Sta te with that of public indebtedness. Thus, this article aims to show the configu ration of the public debt in the last 30 years and its relationship with the fiscal crisis of the State.

Keywords : Public Debt; Public Debt Service; Fiscal Sustainability; Fiscal Rule; Fiscal Responsibility Law; Fiscal Crisis; Rights; Justice; Inequality; Authoritaria nism, and Technocracy..

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