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Las instituciones del estado y los grandes conglomerados industriales como determinantes del cambio estructural en corea del sur y Colombia

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  • Iván Darío Hernández Umaña

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  • Luis Arturo Rosado Salgado
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    Abstract

    En este escrito se estudia la implicación de condiciones suficientes y/o necesarias en un cambio estructural, comparando el proceso de industrialización de Corea del Sur con el de Colombia. Se analizan dos períodos: 1960-1990 y 1991-2007, antes y después de la apertura en ambos países. Se afirma que las economías de Corea del Sur y de Colombia continuaron siendo variedades de crony capitalism incluso después de que ambos países abrazaron reformas liberacionistas. La calidad de las instituciones de embedded autonomy del Estado y de las instituciones del sistema de gobierno corporativo (corporate governance) son las que explican el cambio estructural. This paper aims to find out sufficient conditions for implying structural change. It examines experiences of South Korea and Colombia around late industrialization to comparative purposes before and after economic openness, through two periods: 1960-1990 and 1991-2007. It shows that quality of state’s institutions and corporate governance systems, allows carry out successful structural change.

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    File URL: http://rcientificas.uninorte.edu.co/index.php/economia/article/viewFile/1263/800
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    Bibliographic Info

    Article provided by UNIVERSIDAD DEL NORTE in its journal Revista de Economía del Caribe.

    Volume (Year): (2010)
    Issue (Month): ()
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    Handle: RePEc:col:000382:007803

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    1. Rolf H. Carlsson, 2007. "Swedish Corporate Governance and Value Creation: owners still in the driver's seat," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(6), pages 1038-1055, November.
    2. Coase, R H, 1992. "The Institutional Structure of Production," American Economic Review, American Economic Association, vol. 82(4), pages 713-19, September.
    3. Black, Bernard S. & Jang, Hasung & Kim, Woochan, 2006. "Predicting firms' corporate governance choices: Evidence from Korea," Journal of Corporate Finance, Elsevier, vol. 12(3), pages 660-691, June.
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