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Colombias Slow Economic Growth
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Book Synopsis Colombia’s Slow Economic Growth by : Ivan Luzardo-Luna
Download or read book Colombia’s Slow Economic Growth written by Ivan Luzardo-Luna and published by Springer Nature. This book was released on 2019-11-07 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Colombia written by Mrs.Claire Liuksila and published by International Monetary Fund. This book was released on 1991-08-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the impact on the poor of the macroeconomic adjustment program undertaken in 1985-86. It finds that program-induced changes in production, employment, and real incomes have benefited the poor, while the adverse impact of program-induced price changes was modest and was largely cushioned by government policies. The paper describes the dimensions of poverty in Colombia, surveys government programs to alleviate poverty, and reviews the factors contributing to the improvement in the income distribution in recent years.
Book Synopsis Economic Growth and Poverty Reduction in Colombia by : Adriana Rocío Cardozo Silva
Download or read book Economic Growth and Poverty Reduction in Colombia written by Adriana Rocío Cardozo Silva and published by Peter Lang. This book was released on 2010 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Winners and Losers in Colombia's Economic Growth of the 1970s by : Miguel Urrutia
Download or read book Winners and Losers in Colombia's Economic Growth of the 1970s written by Miguel Urrutia and published by Oxford University Press. This book was released on 1985 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines, through the use of a wide array of statistical data, how Colombia's economic growth during the decade of the 1970s affected the income of its workers.
Book Synopsis OECD Economic Outlook, Volume 2020 Issue 1 by : OECD
Download or read book OECD Economic Outlook, Volume 2020 Issue 1 written by OECD and published by OECD Publishing. This book was released on 2020-06-10 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. This issue includes a general assessment of the macroeconomic situation, a series of notes on the macroeconomic and structural policy issues related to the COVID-19 outbreak and a chapter summarising developments and providing projections for each individual country.
Book Synopsis Colombia by : International Monetary Fund
Download or read book Colombia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-05-04 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper on Colombia shows that achieving investment grade status would help lower financing costs for the sovereign, and expand the pool of potential buyers of the Colombian economy. Colombia’s debt levels as of end-2008 were broadly similar to the average for investment grade emerging markets, suggesting that other indicators are taken into account in rating agencies’ assessments. A stronger process of fiscal consolidation that results in a significant decline in public sector debt could help compensate the structural weaknesses.
Book Synopsis External Linkages and Economic Growth in Colombia: Insights from A Bayesian VAR Model by : Lisandro Abrego
Download or read book External Linkages and Economic Growth in Colombia: Insights from A Bayesian VAR Model written by Lisandro Abrego and published by International Monetary Fund. This book was released on 2008 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the sensitivity of Colombian GDP growth to the surroundingmacroeconomic environment. We estimate a Bayesian VAR model with informative steady-statepriors for the Colombian economy using quarterly data from 1995 to 2007. A variancedecomposition shows that world GDP growth and government spending are the most importantfactors, explaining roughly 17 and 16 percent of the variance in Colombian GDP growthrespectively. The model, which is shown to forecast well out-of-sample, can also be used toanalyse alternative scenarios. Generating both endogenous and conditional forecasts, we showthat the impact on Colombian GDP growth of a substantial downturn in world GDP growthwould be non-negligible but still a mild decline by historical standards.
Book Synopsis Inflation, Uncertainty, and Growth in Colombia by : Mr.Henry Ma
Download or read book Inflation, Uncertainty, and Growth in Colombia written by Mr.Henry Ma and published by International Monetary Fund. This book was released on 1998-11-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has been argued that higher levels of inflation lead to greater uncertainty about future inflation and to greater dispersion of relative prices. In either case, inflation could reduce the efficiency of market prices in coordinating economic activities. This paper shows that the rise of inflation in Colombia, from low levels in the 1950s to average rates of 18–22 percent since the 1970s, has been accompanied by increased uncertainty and relative price dispersion; and that inflation has had a negative and persistent effect on real GDP growth.
Author :International Monetary Fund. Western Hemisphere Dept. Publisher :International Monetary Fund ISBN 13 :1484302184 Total Pages :47 pages Book Rating :4.4/5 (843 download)
Book Synopsis Colombia by : International Monetary Fund. Western Hemisphere Dept.
Download or read book Colombia written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2017-05-31 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper assesses the monetary policy stance and broad financial conditions in Colombia. It uses a dynamic stochastic general equilibrium model of a small open economy to estimate the neutral rate. A financial conditions index is also constructed to assess overall financial conditions through three different transmission channels (credit, leverage, risk) of the financial sector to the state of the economy. Results reveal that both monetary policy and broad financial conditions in Colombia remained tight in 2016. The results also show that tighter financial conditions could have had a sizable impact on GDP growth.
Book Synopsis Potential Growth in Colombia by : Mr.Sergi Lanau
Download or read book Potential Growth in Colombia written by Mr.Sergi Lanau and published by International Monetary Fund. This book was released on 2017-11-13 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a multivariate filter and a production function to project potential growth in Colombia, modeling in detail the impact of low oil prices on investment. The framework also captures the impact of current and planned policies on potential growth, including the peace agreement with the FARC, the tax reform, and 4G infrastructure projects. The analysis suggests the growth acceleration of the 2000s is unlikely to repeat itself in a world of lower oil prices. Potential growth is likely to moderate to a range of 2.8 to 4.1 percent. The 4G infrastructure projects and the tax reform will increase investment, partly offsetting the sharp decline in oil investment. Improvements in productivity are essential to lift potential growth, as the large increases in the labor force observed in the last 15 years are unlikely to continue.
Author :International Monetary Fund. Western Hemisphere Dept. Publisher :International Monetary Fund ISBN 13 :1498302122 Total Pages :86 pages Book Rating :4.4/5 (983 download)
Book Synopsis Colombia by : International Monetary Fund. Western Hemisphere Dept.
Download or read book Colombia written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2014-06-23 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes spillover risks for Colombia. It highlights that external shocks could spill over to the Colombian economy through the country’s important and growing trade and financial linkages with the rest of the world. Colombia would be most exposed to a decline in oil prices, which could have a sizable adverse impact on the balance of payments, the fiscal accounts and growth. Growth shocks in key trading partners could also have a negative impact, particularly in the United States, which is Colombia’s main trading partner. Colombia’s fiscal rule and adjustment in the context of resource wealth is also analyzed.
Download or read book Colombia written by World Bank and published by . This book was released on 1984 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a survey and analysis of Colombia's developmental experience and its principal features. The purpose of the review is to identify factors that have contributed to past performance, to set recent developments and prospects in better perspective and to assist in framing the relevant issues for policy formulation. It discusses major trends in economic growth, demographic factors, incomes and poverty, and analyzes macroeconomic and financial policies that have influenced past events, bringing out needed redirections in these areas. Public finances are treated in some detail, showing how their management can determine the flexibility and effectiveness with which economic policies affect outcomes. The agriculture and industry sectors are reviewed, underscoring factors that have shaped past and recent developments and proposing a framework for policy. Some conclusions about future strategic issues for Colombia's development policy are attempted.
Book Synopsis COLOMBIA: ECONOMIC ADJUSTMENT AND THE POOR by : Claire LIUKSILA
Download or read book COLOMBIA: ECONOMIC ADJUSTMENT AND THE POOR written by Claire LIUKSILA and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Colombia: the Economy by : Colombia Information Service
Download or read book Colombia: the Economy written by Colombia Information Service and published by . This book was released on 1969 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Colombia written by Marcelo Giugale and published by World Bank Publications. This book was released on 2003 with total page 1070 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent political changes in Colombia have opened up possibilities to think beyond the long-standing conflict and violence to promote a development agenda, based upon economic growth, social welfare and environmental protection. This publication contains various policy papers which seek to contribute to the national debate on options to address these development challenges. The book is intended to provide the incoming Colombian presidential administration with a comprehensive policy discussion regarding the country's development agenda.
Book Synopsis Colombia : Economic Adjustment and the Poor by : Claire Liuksila
Download or read book Colombia : Economic Adjustment and the Poor written by Claire Liuksila and published by . This book was released on 1994 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
