Dismantling the Dogmas of Austerity and Fiscal Injustice in Latin America draws on empirical evidence, interviews with knowledgeable experts, and regional and international human rights conventions to debunk 10 commonly held misconceptions about why fiscal consolidation policies are necessary. In the process, it makes a strong case for progressive structural tax reforms that are redistributive and would, in the long term, reduce inequality, guarantee rights and promote sustainable development. Crucially, the briefing argues that clawing back the fiscal resources lost to corruption, tax evasion and avoidance, and illicit financial flows would contribute significantly to closing the gap in financing required to address complex problems such as poverty, climate change and compliance with the Agenda 2030 Sustainable Development Goals (SDGs).
