1. EL CRITERIO DE SOSTENIBILIDAD FISCAL: UN CUESTIONAMIENTO SOBRE LOS EFECTOS DEL ACTO LEGISLATIVO 03 DE 2011.
- Author
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GÓMEZ FAJARDO, JUAN CAMILO
- Subjects
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CONSTITUTIONAL law , *PUBLIC finance laws ,COLOMBIAN economy, 1970- - Abstract
Legislative Act 03 of 2011 introduces fiscal sustainability to the Colombian Constitution as a guiding criterion for state branches and authorities. Since its legislative process, it generated a heated debate both inside and outside Congress. This debate pits those who claim that the social rule of law is breached by the reform against those who stand up for macroeconomic stability as a necessity of the state. Among other features, these two positions share an implicit assumption: the almost total efficacy of the amendment. This piece, through a review of several relevant documents, aims to find an alternative point between these two positions and take a critical approach to the effects of the reform, in order to question its efficacy. The author argues that the legislative act is not truly effective, given the fact that it has not produced a paradigm shift in the way the branches of government perform their duties and make decisions. [ABSTRACT FROM AUTHOR]
- Published
- 2015
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