<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0120-3584</journal-id>
<journal-title><![CDATA[Desarrollo y Sociedad]]></journal-title>
<abbrev-journal-title><![CDATA[Desarro. soc.]]></abbrev-journal-title>
<issn>0120-3584</issn>
<publisher>
<publisher-name><![CDATA[Universidad de los Andes]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0120-35842022000100006</article-id>
<article-id pub-id-type="doi">10.13043/dys.90.5</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[El presupuesto general de la nación: una aproximación a las partidas de transferencias e inversión]]></article-title>
<article-title xml:lang="en"><![CDATA[The government budget: An approach to transfer and investment]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Melo-Becerra]]></surname>
<given-names><![CDATA[Ligia Alba]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ramos-Forero]]></surname>
<given-names><![CDATA[Jorge Enrique]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Gómez]]></surname>
<given-names><![CDATA[Camilo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Banco de la República  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Colombia</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Banco de la República  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Colombia</country>
</aff>
<aff id="Af3">
<institution><![CDATA[,Banco de la República  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Colombia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>04</month>
<year>2022</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>04</month>
<year>2022</year>
</pub-date>
<numero>90</numero>
<fpage>153</fpage>
<lpage>206</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S0120-35842022000100006&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S0120-35842022000100006&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S0120-35842022000100006&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Este artículo explora en detalle los componentes de transferencias y de inversión del presupuesto general de la nación (PGN), cuya composición es compleja de evaluar por la naturaleza y la variedad de sus partidas. Para el estudio de estas partidas se tiene en cuenta la literatura sobre la economía política del presupuesto y el proceso presupuestal en Colombia. Los rubros de transferencias y de inversión representan cerca del 60 % del PGN y evidencian una gran inflexibilidad del gasto público, por la diversidad de apropiaciones con respaldo legal, especialmente en el rubro de transferencias. La inversión está integrada por una gama amplia de programas sociales y subsidios y por proyectos de infraestructura, que en algunos casos corresponden a compromisos adquiridos en vigencias anteriores, a través de las denominadas vigencias futuras. La rigidez del PGN se profundiza con la aprobación frecuente de leyes que generan gasto adicional de manera transitoria o permanente. Clasificación JEL: H41, H53, H54.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This paper explores in detail the transfer and investment components of the General Budget of the Nation, whose composition is complex to evaluate due to the nature and variety of its items. For the study of these items, the literature on the political economy of the budget and the budget process in Colombia is considered. The transfer and investment items represent about 60 % of the General Budget and have great inflexibility of public spending, due to the diversity of appropriations with legal backing, especially in the transfer&#8217;s item. The investment is made up of a wide range of social programs, subsidies, and infrastructure projects, which in some cases correspond to commitments acquired in previous terms, through the so-called future terms. The rigidity of the budget deepens with the frequent approval of laws that generate additional spending on a temporary or permanent basis. JEL Classification: H41, H53, H54.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[gasto público]]></kwd>
<kwd lng="es"><![CDATA[hacienda pública]]></kwd>
<kwd lng="es"><![CDATA[política fiscal]]></kwd>
<kwd lng="es"><![CDATA[Colombia]]></kwd>
<kwd lng="en"><![CDATA[Public expenditure]]></kwd>
<kwd lng="en"><![CDATA[fiscal policy]]></kwd>
<kwd lng="en"><![CDATA[Colombia]]></kwd>
</kwd-group>
</article-meta>
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