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Las políticas del Banco de la República durante un auge entre dos crisis, 1930-1951

Author

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  • Adolfo Meisel-Roca
  • Juliana Jaramillo-Echeverri

Abstract

Entre 1930 y 1951 Colombia enfrentó grandes cambios y diversos choques económicos internos y externos. Este artículo estudia la política monetaria del Banco de la República y las nuevas funciones que adquirió durante esa época, dentro de las que se cuentan la administración de las salinas y las minas de esmeraldas. Por el lado de la contribución cultural se destaca su aporte por medio de la apertura de la biblioteca del Banco y el Museo del Oro. Pese a las crisis que tuvo que afrontar, el balance de la economía colombiana de este periodo fue positivo, sobre todo en el contexto de una desaceleración de la economía mundial y regional. Ese resultado se basó, en gran parte, en el buen desempeno de las exportaciones y el cambio estructural que representó la industrialización por sustitución de importaciones. ******ABSTRACT: Between 1930 and 1951 the Colombian economy faced profound changes and several national and international shocks. This paper analyzes the monetary policy carried out by Banco de la República (the Central Bank of Colombia) and its new responsibilities, such as the administration of salt and emeralds mines. On the cultural side, the Bank contributed with the creation of a public library and the Museo del Oro (Gold Museum). Despite the crisis, Colombia managed to end the period with a positive balance, a remarkable result considering the regional and world economic slowdown. These positive results can be attributed to the positive exports performance and the structural changes achieved through the import substitution industrialization.

Suggested Citation

  • Adolfo Meisel-Roca & Juliana Jaramillo-Echeverri, 2016. "Las políticas del Banco de la República durante un auge entre dos crisis, 1930-1951," Cuadernos de Historia Económica 14184, Banco de la República, Economía Regional.
    • Handle: RePEc:col:000101:014184
    DOI: 10.32468/chee.38
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    References listed on IDEAS

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    1. Francisco José Ortega-Acosta & Adolfo Meisel-Roca & Jorge Enrique Ibánez-Nájar & Alejandro López-Mejía & Hernando José Gómez-Restrepo, 2023. "Banco de la República: antecedentes, evolución y estructura," Books, Banco de la Republica de Colombia, number 2023-isbn:9789586644488 edited by Mario Lombo-Vanegas & Rafael Isaza-Botero & Adolfo Meisel-Roca & Alejandro López-Mejía, December.
    2. Joaquin Viloria De La Hoz., 2000. "Banco de la República en Barranquilla, 1923-1951," Cuadernos de Historia Económica 6, Banco de la Republica de Colombia.
    3. Bertola, Luis & Ocampo, Jose Antonio, 2012. "The Economic Development of Latin America since Independence," OUP Catalogue, Oxford University Press, number 9780199662142.
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    More about this item

    Keywords

    Banco de la República; Colombia; política monetaria;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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