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The political economy of the growth: the Colombian case during the period 1950 -2002

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  • Alexander Cotte Poveda

Abstract

General work planning makes reference to the moment of economic policy and political, social, and institutional forces, in addition to other sociopolitical instability variables, over the definition of the growth path of the country. The general impact on growth will be dependent o nature or crashes, either permanent or transient, and on some economics conditions, such as capital relative intensities of productive sectors, the mobility extent and investment restraints, as well as on social, politic and institutional variable, in addition to the other variables of the new politic economics of growth. In dealing with Colombia, an analysis of economics growth dynamics is made, both at short and long-term, of macroeconomic performance and sociopolitical instability. The work shows that this later factor has influenced growth dynamics, and therefore, political forces, institutional agreements and social instability impact the growth.

Suggested Citation

  • Alexander Cotte Poveda, 2004. "The political economy of the growth: the Colombian case during the period 1950 -2002," Serie de Documentos en Economía y Violencia 3619, Centro de Investigaciones en Violencia, Instituciones y Desarrollo Económico (VIDE).
  • Handle: RePEc:col:000137:003619
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    Keywords

    Growth;

    JEL classification:

    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables

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