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UNA VISION ALTERNATIVA: La Política Monetaria y Cambiaria en la Ültima Década

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  • Miguel Urrutia

Abstract

Pocas políticas económicas promueven el bienestar en todas las circunstancias. En general el libre comercio internacional genera bienestar, pero en el mundo proteccionista y poco globalizado de los años treinta del siglo XX algunas políticas proteccionistas en América Latina promovieron el crecimiento económico. En ocasiones, para economías muy abiertas y una tradición de políticas fiscales prudentes, una tasa de cambio fija puede ser un régimen que facilita crecimiento con estabilidad, pero en países con otras características dicho régimen puede ser negativo para el desarrollo. Algunos economistas no tienen la perspectiva histórica para entender las circunstancias que generaron las políticas económicas en el pasado, y tal vez son excesivamente optimistas sobre las bondades de algunas políticas del presente en futuras circunstancias. Hay que entender que las políticas que funcionaron bien en el pasado, pueden no ser adecuadas en el presente, y que políticas diseñadas para la actual coyuntura pueden no ser óptimas en el futuro. En esta breve nota me propongo analizar algunas de las coyunturas que llevaron a los cambios de política económica en los últimos 15 años del siglo XX.
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  • Miguel Urrutia, 2002. "UNA VISION ALTERNATIVA: La Política Monetaria y Cambiaria en la Ültima Década," Borradores de Economia 207, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:borrec:207
    DOI: 10.32468/be.207
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    1. Eijffinger, Sylvester & Malagon, Jonathan, 2018. "Financial spillovers of international monetary policy: Six hypotheses on the Latin American case, 2010-2016," CEPR Discussion Papers 12678, C.E.P.R. Discussion Papers.
    2. Igor Esteban Zuccardi Huertas, 2002. "Efectos regionales de la política monetaria en Colombia," Documentos de Trabajo Sobre Economía Regional y Urbana 2431, Banco de la República, Economía Regional.
    3. Javier Guillermo Gómez, 2006. "Monetary Policy in Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 24(50), pages 12-47, June.
    4. Carlos Esteban Posada Posada & Wilman Gómez, 2004. "Un choque del activo externo neto y el ciclo económico Colombiano 1994-2001," Borradores de Economia 3674, Banco de la Republica.
    5. Jesús Antonio Bejarano Rojas, 2003. "El Canal De Oferta Agregada En Un Modelo De Mecanismos De Transmisión De La Política Monetaria En Colombia," Borradores de Economia 2461, Banco de la Republica.
    6. Johanna Inés Cárdenas Pinzón & Luis Eudoro Vallejo Zamudio, 2013. "Comportamiento de la inflación en Colombia 2002-2010 y régimen de metas de inflación," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, June.
    7. Javier Guillermo Gómez, 2006. "La Política Monetaria En Colombia," Borradores de Economia 3054, Banco de la Republica.
    8. Manuel Bernal Garzón, 2015. "Evolución del senoreaje en un periodo de profundas transformaciones económicas," Revista Equidad y Desarrollo, Universidad de la Salle, May.
    9. Echavarría-Soto, Juan José & López, Enrique & Ocampo, Sergio & Rodríguez-Niño, Norberto, 2012. "Choques, instituciones laborales y desempleo en Colombia," Chapters, in: Arango-Thomas, Luis Eduardo & Hamann-Salcedo, Franz Alonso (ed.), El mercado de trabajo en Colombia : hechos, tendencias e instituciones, chapter 18, pages 753-794, Banco de la Republica de Colombia.
    10. José Antonio Ocampo & Jonathan Malagón González & Juan Sebastian Betancur, 2015. "La banca central colombiana en una década de expansión, 2003-2013," Books, Universidad Externado de Colombia, Facultad de Economía, edition 1, number 72, February.
    11. Gamba-Tusabá, Camila & Gómez-González, José Eduardo, 2017. "La política monetaria durante los primeros años del Banco Central independiente : 1992-1998," Chapters, in: Uribe, José Darío (ed.), Historia del Banco de la República 1923-2015, chapter 9, pages 411-435, Banco de la Republica de Colombia.
    12. Duban F. Pena & Jaime Flórez Bolanos, 2006. "Integración Monetaria: Una Aproximación para Colombia, Ecuador, Perú y Venezuela," Revista de Economía y Administración, Universidad Autónoma de Occidente, March.
    13. Julio César Alonso C & Alejandro Cabrera, 2004. "La tasa de cambio nominal en Colombia," Apuntes de Economía 3082, Universidad Icesi.
    14. López-Enciso, Enrique Antonio & Vargas-Herrera, Hernando & Rodríguez-Niño, Norberto, 2017. "La estrategia de inflación objetivo en Colombia," Chapters, in: Uribe, José Darío (ed.), Historia del Banco de la República 1923-2015, chapter 11, pages 465-539, Banco de la Republica de Colombia.
    15. Lavan Mahadeva & Javier Gómez Pineda, 2009. "The international cycle and Colombian monetary policy," Borradores de Economia 5406, Banco de la Republica.
    16. Anzoategui Zapata, Juan Camilo, 2015. "Impacto de política monetaria: una revisión empírica 2000 – 2013 [Impact of monetary policy: an empirical review 2000 - 2013]," MPRA Paper 69349, University Library of Munich, Germany, revised 01 Dec 2014.
    17. Hernán Vallejo, 2006. "El Tlc Andino En El Contexto De Colombia," Documentos CEDE 2556, Universidad de los Andes, Facultad de Economía, CEDE.
    18. Perez-Reyna, David, 2017. "Historia del Banco de la República : crisis de 1999," Chapters, in: Uribe, José Darío (ed.), Historia del Banco de la República 1923-2015, chapter 10, pages 437-463, Banco de la Republica de Colombia.

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