Deuda pública interna, patrón metálico y guerras civiles: interconexiones institucionales, la Colombia del siglo XIX
This article analyzes the monetary and institutional impacts of the domestic public debt in 19th century Colombia. It shows the nature of this debt and its evolution so as to ultimately sketch one side of the institutional matrix of that century. The article draws upon the New Economic Institutionalism and it is derived from a broader research where fiscal data and qualitative information were built by using primary sources. It points out the close link between the issuing of debt notes and civil wars, and displays evidence on how this debt structured an impure gold standard. It is found that this debt had impact on the price level and strengthened the persistence of the monetary chaos and civil wars
Volume (Year): (2007)
Issue (Month): 67 (Julio-Diciembre)
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Douglass C North & John Joseph Wallis & Barry R. Weingast, 2006. "A Conceptual Framework for Interpreting Recorded Human History," NBER Working Papers 12795, National Bureau of Economic Research, Inc.
- Angela Milena Rojas R, 2004. "Impactos monetarios e institucionales de la deuda pública en Colombia 1840-1890," BORRADORES DEL CIE 002813, UNIVERSIDAD DE ANTIOQUIA - CIE.
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