Abstract
In order to promote human development through direct interventions in education, health and employment, states need the capacity to finance such programs. Therefore, the effectiveness of social policies is intrinsically related to the availability of resources. Latin American countries are historically known by their constrained budget for social protection spending, a scenario that worsens in times of fiscal adjustments and economic crises. However, it is at just such critical junctures that these social programs should be expanded to afford socioeconomic growth.
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© 2016 Marcelo de Almeida Medeiros, Elia Elisa Cia Alves, Ivan Filipe Fernandes and Marcelo Eduardo Alves da Silva
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de Almeida Medeiros, M., Alves, E.E.C., Fernandes, I.F., da Silva, M.E.A. (2016). Funding Social Policy at the Regional Level: The Development Bank of Latin America (CAF) and Social Policy in Bolivia. In: Bianculli, A.C., Hoffmann, A.R. (eds) Regional Organizations and Social Policy in Europe and Latin America. Development, Justice and Citizenship Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137490353_3
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DOI: https://doi.org/10.1057/9781137490353_3
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