mirage

Fiscal Redistribution and Income Inequality in Latin America

LACER-LACEA/Manakin Repository

Show simple item record

dc.contributor.author López, J. Humberto
dc.contributor.author Goñi, Edwin
dc.contributor.author Servén, Luis
dc.date.accessioned 2012-05-25T20:17:05Z
dc.date.available 2012-05-25T20:17:05Z
dc.date.issued 2008-01
dc.identifier.uri http://hdl.handle.net/10986/6468
dc.description.abstract Income inequality in Latin America ranks among the highest in the world. It can be traced back to the unequal distribution of assets (especially land and education) in the region. But the extent to which asset inequality translates into income inequality depends on the redistributive capacity of the state. This paper documents the performance of Latin American fiscal systems from the perspective of income redistribution using newly-available information on the incidence of taxes and transfers across the region. The findings indicate that: (i) the differences in income inequality before taxes and transfers between Latin America and Western Europe are much more modest than those after taxes and transfers; (ii) the key reason is that, in contrast with industrial countries, in most Latin American countries the fiscal system is of little help in reducing income inequality; and (iii) in countries where fiscal redistribution is significant, it is achieved mostly through transfers rather than taxes. These facts stress the need for fiscal reforms across the region to further the goal of social equity. However, different countries need to place different relative emphasis on raising tax collection, restructuring the tax system, and improving the targeting of expenditures. en
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper; No. 4487
dc.rights CC BY 3.0 IGO
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject LIQUIDITY
dc.subject INDUSTRIAL COUNTRIES
dc.subject LATIN AMERICAN
dc.subject MACROECONOMICS
dc.subject SIMULATIONS
dc.subject INCOME LEVELS
dc.subject UNEMPLOYMENT
dc.subject TAXABLE INCOME
dc.subject WEALTH
dc.subject EXPENDITURES
dc.subject TARGETING
dc.subject PERSONAL INCOME
dc.subject INTERNATIONAL BANK
dc.subject FINANCIAL CRISES
dc.subject PUBLIC GOOD
dc.subject PERSONAL INCOME TAX
dc.subject TAX REVENUE
dc.subject SUB-SAHARAN AFRICA
dc.subject TAX SYSTEMS
dc.subject ECONOMIC LIFE
dc.subject CONVENTIONAL INSTRUMENTS
dc.subject INTERVENTIONS
dc.subject INCOMES
dc.subject SOCIAL PROTECTION
dc.subject PROPERTY RIGHTS
dc.subject HOUSEHOLD INCOME
dc.subject TAX REFORM
dc.subject GINI INDEX
dc.subject CORPORATE TAX RATE
dc.subject INCOME DISTRIBUTION
dc.subject TRANSFER PAYMENTS
dc.subject GINI COEFFICIENT
dc.subject SOCIAL VALUE
dc.subject ECONOMIC POLICIES
dc.subject EFFECTIVE TAX RATES
dc.subject GLOBAL ECONOMY
dc.subject CORPORATE INCOME TAX
dc.subject TAX RECEIPTS
dc.subject DEVELOPMENT POLICY
dc.subject FINANCIAL TRANSACTIONS
dc.subject TAX
dc.subject PENSION SYSTEM
dc.subject TAX POLICY
dc.subject TAX EVASION
dc.subject DEVELOPING COUNTRIES
dc.subject RATE OF GROWTH
dc.subject DATA AVAILABILITY
dc.subject MICRODATA
dc.subject GDP PER CAPITA
dc.subject PAYROLL TAXES
dc.subject ECONOMIC VOLATILITY
dc.subject PURCHASING POWER
dc.subject ECONOMIC GROWTH
dc.subject TAXPAYERS
dc.subject SOCIAL PROGRAMS
dc.subject INSTITUTIONAL CONSTRAINTS
dc.subject PROGRAMS
dc.subject TAX INCIDENCE
dc.subject PENSION
dc.subject DISTRIBUTION OF INCOME
dc.subject GROSS INCOME
dc.subject DEVELOPMENT STRATEGY
dc.subject FINANCIAL MARKET
dc.subject DEVELOPMENT ECONOMICS
dc.subject DEVELOPMENT BANK
dc.subject VOLATILITY
dc.subject TAX BASES
dc.subject CORPORATE TAX
dc.subject CASH TRANSFER
dc.subject HOLDING
dc.subject INCOME TAX
dc.subject DEDUCTIONS
dc.subject INCOME TAXES
dc.subject AGRICULTURE
dc.subject CORPORATE TAXES
dc.subject INDIRECT TAXATION
dc.subject INCOME INEQUALITY
dc.subject TAX COMPLIANCE
dc.subject NATURAL RESOURCES
dc.subject AVERAGE INCOME
dc.subject POVERTY REDUCTION
dc.subject EXPENDITURE
dc.subject HOLDINGS
dc.subject PUBLIC POLICY
dc.subject DEFICITS
dc.subject GDP
dc.subject BENCHMARK
dc.subject INCOME GROWTH
dc.subject DISPOSABLE INCOME
dc.subject MIDDLE EAST
dc.subject INCOME SHOCKS
dc.subject CAPITAL ASSETS
dc.subject SOCIAL ASSISTANCE
dc.subject CENTRAL AMERICAN
dc.subject INTERNATIONAL STANDARDS
dc.subject INTERNATIONAL ECONOMICS
dc.subject PENSION SYSTEMS
dc.subject FISCAL POLICY
dc.subject REDISTRIBUTIVE EFFECTS
dc.subject PENSIONS
dc.subject TAX RATE
dc.subject ADVERSE EFFECT
dc.subject CASH TRANSFERS
dc.subject ECONOMIC PERFORMANCE
dc.subject INCENTIVE EFFECTS
dc.subject MONETARY FUND
dc.subject FINANCES
dc.subject TAX REVENUES
dc.subject VALUE ADDED
dc.subject MACROECONOMIC STABILITY
dc.subject PUBLIC FINANCE
dc.subject PER CAPITA INCOME
dc.subject NORTH AFRICA
dc.subject FISCAL POLICIES
dc.subject TAX ADMINISTRATION
dc.subject HUMAN CAPITAL
dc.subject INSURANCE
dc.subject COL
dc.subject INDEBTEDNESS
dc.subject TRANSITION ECONOMIES
dc.subject TAX RATES
dc.subject CONSUMPTION TAXES
dc.subject VALUE ADDED TAXES
dc.subject WESTERN EUROPE
dc.subject PUBLIC SPENDING
dc.subject TAX CONCESSIONS
dc.subject TAX SYSTEM
dc.subject TAX STRUCTURE
dc.subject ECONOMIC DEVELOPMENT
dc.subject TAX COLLECTION
dc.title Fiscal Redistribution and Income Inequality in Latin America en
dc.rights.holder World Bank


Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record

CC BY 3.0 IGO Except where otherwise noted, this item's license is described as CC BY 3.0 IGO

Search LACER-LACEA


Browse

My Account