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This paper constructs a comprehensive set of State Capacity indicators for Colombian municipalities, focusing in four basic governmental capabilities: fiscal, financial, physical and operational. First, a group of relevant variables was selected from a vast array of sources and classified into...
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Latin America had a golden decade from 2002 to 2012, mostly thanks to favorable external conditions. Its commodity exports prices raised almost continuously, there were abundant capital inflows and low international interest rates. This golden decade has come to an end, even while no sudden...
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This paper assesses the current Colombian mining tax and royalty regime in terms of efficiency, competitiveness and revenue performance vis-a-vis other relevant mining countries. It then discusses the convenience of introducing a Resource Rent Tax (RRT) to new mining projects (together with a...
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