Colombia’s Slow Economic Growth

Colombia’s Slow Economic Growth PDF Author: Ivan Luzardo-Luna
Publisher: Springer Nature
ISBN: 303025755X
Category : Business & Economics
Languages : en
Pages : 167

Book Description
Looking at the years 1870-2016, this book analyses the reasons behind Colombia’s chronically slow economic growth. As a comparative economic history, it examines why Colombia has seen lower growth rates than countries with similar institutions, culture and colonial origins, such as Argentina in 1870-1914, Mexico in 1930-1980, and Chile from 1982 onwards. While Colombia's history has shown relative macroeconomic stability, it has also shown a limited capacity for integrating into the world economy and embracing technological breakthroughs compared to the rest of the world, including steam, mass production and Information Technology. This volume thus moves away from the long-held view that institutional path dependence is the main determinant of differences in long-run economic growth across countries.

Economic Growth and Poverty Reduction in Colombia

Economic Growth and Poverty Reduction in Colombia PDF Author: Adriana Rocío Cardozo Silva
Publisher: Peter Lang
ISBN: 9783631603864
Category : Business & Economics
Languages : en
Pages : 228

Book Description
This book analyses the distributional effects of economic growth on different dimensions of poverty in Colombia. It provides a microeconomic perspective on how economic growth affected poverty and inequality at the household level, as well as a macroeconomic perspective on the effects of growth on regional living standards. The study incorporates recent discussions on multidimensional analysis of well-being and goes beyond traditional income based measures, thereby contributing to the ongoing research on how to measure pro-poor growth and on the importance of incorporating different dimensions of well-being in convergence analysis.

Colombia Urbanization Review

Colombia Urbanization Review PDF Author: Taimur Samad
Publisher: World Bank Publications
ISBN: 0821395246
Category : Business & Economics
Languages : en
Pages : 245

Book Description
This book provides diagnostic tools to inform policy dialogue and investment priorities on urbanization in Colombia, addresssing the need to deepen economic connectivity, enhance coordination at a regional and metropolitan scale, and foster efficiency and innovativeness in how cities finance themselves.

Barriers to Riches

Barriers to Riches PDF Author: Stephen L. Parente
Publisher: MIT Press
ISBN: 9780262264082
Category : Business & Economics
Languages : en
Pages : 188

Book Description
Why isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches, Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries erect barriers to the efficient use of readily available technology. The purpose of these barriers is to protect industry insiders with vested interests in current production processes from outside competition. Were this protection stopped, rapid TFP growth would follow in the poor countries, and the whole world would soon be rich. Barriers to Riches reflects a decade of research by the authors on this question. Like other books on the subject, it makes use of historical examples and industry studies to illuminate potential explanations for income differences. Unlike these other books, however, it uses aggregate data and general equilibrium models to evaluate the plausibility of alternative explanations. The result of this approach is the most complete and coherent treatment of the subject to date.

OECD Reviews of School Resources: Colombia 2018

OECD Reviews of School Resources: Colombia 2018 PDF Author: Radinger Thomas
Publisher: OECD Publishing
ISBN: 9264303758
Category :
Languages : en
Pages : 306

Book Description
This country review report offers an independent analysis of major issues facing the use of school resources in Colombia from an international perspective. It provides a description of national policies, an analysis of strengths and challenges, and a proposal of possible future approaches.

Economic Growth in Latin America and the Caribbean

Economic Growth in Latin America and the Caribbean PDF Author: Norman Loayza
Publisher: World Bank Publications
ISBN: 0821360914
Category : Business & Economics
Languages : en
Pages : 169

Book Description
Several countries in Latin America and the Caribbean are suffering severe economic downturns and the success of market-oriented reforms is being called into question. This report seeks to contribute to the debate by examining the nature of economic growth in the region. The aim is threefold: to describe the basic characteristics of growth; explain differences across countries and to forecast changes over the next decade.

From Few to Many

From Few to Many PDF Author: Amanda Glassman
Publisher: Brookings Institution Press
ISBN: 9780815724797
Category : Business & Economics
Languages : en
Pages : 0

Book Description
"From Few to Many is the first comprehensive look at Colombia's 1993 health system reforms. It describes the implementation of universal health insurance, including a subsidized system for the poor, and examines the impact of this and other reforms during a time when Colombia experienced crushing recession and internal conflict that displaced half a million people." "Prior to the reforms, a quarter of the Colombian population had health insurance. Subsidies failed to reach the poor, who were vulnerable to catastrophic financial consequences of illness. Yet by 2008, 85 percent of the population benefited from health insurance." "From Few to Many describes the challenges and benefits of implementing social health reforms in a developing country, exploring health care financing, institutional reform, the effects of political will on health care, and more. The reforms have provided important lessons not only for continued reform in Colombia, but also for other nations facing similar challenges." --Book Jacket.

The Orange Economy

The Orange Economy PDF Author: Inter American Development Bank
Publisher: Inter-American Development Bank
ISBN:
Category : Art
Languages : en
Pages : 242

Book Description
This manual has been designed and written with the purpose of introducing key concepts and areas of debate around the "creative economy", a valuable development opportunity that Latin America, the Caribbean and the world at large cannot afford to miss. The creative economy, which we call the "Orange Economy" in this book (you'll see why), encompasses the immense wealth of talent, intellectual property, interconnectedness, and, of course, cultural heritage of the Latin American and Caribbean region (and indeed, every region). At the end of this manual, you will have the knowledge base necessary to understand and explain what the Orange Economy is and why it is so important. You will also acquire the analytical tools needed to take better advantage of opportunities across the arts, heritage, media, and creative services.

On the Benefits of Repaying

On the Benefits of Repaying PDF Author: Francesca G Caselli
Publisher: International Monetary Fund
ISBN: 1513596136
Category : Business & Economics
Languages : en
Pages : 50

Book Description
This paper studies whether countries benefit from servicing their debts during times of widespread sovereign defaults. Colombia is typically regarded as the only large Latin American country that did not default in the 1980s. Using archival research and formal econometric estimates of Colombia's probability of default, we show that in the early 1980s Colombia's fundamentals were not significantly different from those of the Latin American countries that defaulted on their debts. We also document that the different path chosen by Colombia was due to the authorities' belief that maintaining a good reputation in the international capital market would have substantial long-term payoffs. We show that the case of Colombia is more complex than what it is commonly assumed. Although Colombia had to re-profile its debts, high-level political support from the US allowed Colombia do to so outside the standard framework of an IMF program. Our counterfactual analysis shows that in the short to medium run, Colombia benefitted from avoiding an explicit default. Specifically, we find that GDP growth in the 1980s was higher than that of a counterfactual in which Colombia behaved like its neighboring countries. We also test whether Colombia's behavior in the 1980s led to long-term reputational benefits. Using an event study based on a large sudden stop, we find no evidence for such long-lasting reputational gains.

National Intellectual Property Systems, Innovation and Economic Development With perspectives on Colombia and Indonesia

National Intellectual Property Systems, Innovation and Economic Development With perspectives on Colombia and Indonesia PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264204482
Category :
Languages : en
Pages : 198

Book Description
This publication addresses the role of national systems of IP in the socio-economic development of emerging countries, notably through their impact on innovation.