Fiscal Redistribution and Social Welfare

Building an Equitable Society in Colombia

“…Other countries show that it is possible to reduce inequality through these means by twice as much (Austria, Denmark, or Poland) or even nearly four times as much (Belgium). Although these countries have higher income per capita than Colombia, their success indicates that the tax and transfer system can be designed to achieve greater redistribution (Coady, D'Angelo, and Evans 2019).…”