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Fragilidad financiera y fuga doméstica de capitales en el sector productivo colombiano. (1970-1984)

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  • Alberto Melo

Abstract

This paper examines the financial crisis which took place in Colombia during 1982 and its effect in the economy of the country. As a starting point, the paper establishes a basic principle: the financial crisis having as a main cause the financial behavior of the productive companies; it also establishes two main hypotheses: the first one saying that between 1970 and 1982 Colombian economy changed from a relatively strong financial structure to one that became increasingly weak. The second one acknowledging that during the analyzed period the financial behavior of the non-financial firms led to domestic capital mobility (in relation to its productive uses and towards financial domestic fields).

Suggested Citation

  • Alberto Melo, 1989. "Fragilidad financiera y fuga doméstica de capitales en el sector productivo colombiano. (1970-1984)," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 29, pages 51-117.
    • Handle: RePEc:lde:journl:y:1989:i:29:p:51-117
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