Economic Growth Of Colombia
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External Linkages And Economic Growth In Colombia Insights From A Bayesian Var Model
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Author : Lisandro Abrego
language : en
Publisher: International Monetary Fund
Release Date : 2008
External Linkages And Economic Growth In Colombia Insights From A Bayesian Var Model written by Lisandro Abrego and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
This paper investigates the sensitivity of Colombian GDP growth to the surroundingmacroeconomic environment. We estimate a Bayesian VAR model with informative steady-statepriors for the Colombian economy using quarterly data from 1995 to 2007. A variancedecomposition shows that world GDP growth and government spending are the most importantfactors, explaining roughly 17 and 16 percent of the variance in Colombian GDP growthrespectively. The model, which is shown to forecast well out-of-sample, can also be used toanalyse alternative scenarios. Generating both endogenous and conditional forecasts, we showthat the impact on Colombian GDP growth of a substantial downturn in world GDP growthwould be non-negligible but still a mild decline by historical standards.
Colombia S Slow Economic Growth
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Author : Ivan Luzardo-Luna
language : en
Publisher: Springer Nature
Release Date : 2019-11-07
Colombia S Slow Economic Growth written by Ivan Luzardo-Luna and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-07 with Business & Economics categories.
Looking at the years 1870-2016, this book analyses the reasons behind Colombia’s chronically slow economic growth. As a comparative economic history, it examines why Colombia has seen lower growth rates than countries with similar institutions, culture and colonial origins, such as Argentina in 1870-1914, Mexico in 1930-1980, and Chile from 1982 onwards. While Colombia's history has shown relative macroeconomic stability, it has also shown a limited capacity for integrating into the world economy and embracing technological breakthroughs compared to the rest of the world, including steam, mass production and Information Technology. This volume thus moves away from the long-held view that institutional path dependence is the main determinant of differences in long-run economic growth across countries.
Economic Growth Of Colombia Problems And Prospects
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Author : Dragoslav Avramovic
language : en
Publisher:
Release Date : 1972
Economic Growth Of Colombia Problems And Prospects written by Dragoslav Avramovic and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Business & Economics categories.
In 1970 a large World Bank mission visited Colombia to make a comprehensive study of the economy. This report is the result of its investigation. It assesses the country's present needs and, through a novel preinvestment study program, makes recommendations for the future needs of particular sectors. The authors first discuss the issues which cut across particular sectors - employment, investment, public finance, regional development, and planning. They then go on to analyze the problems and prospects for particular sectors, among them industry, mining, agriculture, transport, communications, tourism, education, and public health.
Inflation Uncertainty And Growth In Colombia
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Author : Mr.Henry Ma
language : en
Publisher: International Monetary Fund
Release Date : 1998-11-01
Inflation Uncertainty And Growth In Colombia written by Mr.Henry Ma and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-11-01 with Business & Economics categories.
It has been argued that higher levels of inflation lead to greater uncertainty about future inflation and to greater dispersion of relative prices. In either case, inflation could reduce the efficiency of market prices in coordinating economic activities. This paper shows that the rise of inflation in Colombia, from low levels in the 1950s to average rates of 18–22 percent since the 1970s, has been accompanied by increased uncertainty and relative price dispersion; and that inflation has had a negative and persistent effect on real GDP growth.
Economic Growth And Poverty Reduction In Colombia
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Author : Adriana Rocío Cardozo Silva
language : en
Publisher: Peter Lang
Release Date : 2010
Economic Growth And Poverty Reduction In Colombia written by Adriana Rocío Cardozo Silva and has been published by Peter Lang this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Colombia categories.
This book analyses the distributional effects of economic growth on different dimensions of poverty in Colombia. It provides a microeconomic perspective on how economic growth affected poverty and inequality at the household level, as well as a macroeconomic perspective on the effects of growth on regional living standards. The study incorporates recent discussions on multidimensional analysis of well-being and goes beyond traditional income based measures, thereby contributing to the ongoing research on how to measure pro-poor growth and on the importance of incorporating different dimensions of well-being in convergence analysis.
The Colombian Economy And Its Regional Structural Challenges
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Author : Eduardo A. Haddad
language : en
Publisher: Springer Nature
Release Date : 2023-05-30
The Colombian Economy And Its Regional Structural Challenges written by Eduardo A. Haddad and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-30 with Business & Economics categories.
This book examines regional structural challenges on Colombia’s path to sustainable social cohesion and regionally inclusive growth. These challenges can be divided into three main groups: (i) those that focus on competitiveness and the supply side, (ii) those that arise from critical business cycle issues on the demand side, and (iii) those concerning environmental sustainability, employment and social inclusion. The contributions, written by experts on Latin American economics and regional science, apply quantitative simulations based on a unified general equilibrium framework and address a wide range of topics, including: Colombia’s competitive integration in global markets, human capital profiles, regional economic disparities and public and private mechanisms of interregional income transfer. The challenges entailed by such high-profile and long-term issues as productivity growth and climate change are also analyzed. In addition, the book positions Colombia’s experiences in an international comparative context. It argues that many other Latin American countries face similar challenges and provide evidence to substantiate this claim. By doing so, it offers valuable policy lessons for Latin American countries with similar difficulties.
Potential Growth In Colombia
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Author : Mr.Sergi Lanau
language : en
Publisher: International Monetary Fund
Release Date : 2017-11-13
Potential Growth In Colombia written by Mr.Sergi Lanau and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-13 with Business & Economics categories.
This paper uses a multivariate filter and a production function to project potential growth in Colombia, modeling in detail the impact of low oil prices on investment. The framework also captures the impact of current and planned policies on potential growth, including the peace agreement with the FARC, the tax reform, and 4G infrastructure projects. The analysis suggests the growth acceleration of the 2000s is unlikely to repeat itself in a world of lower oil prices. Potential growth is likely to moderate to a range of 2.8 to 4.1 percent. The 4G infrastructure projects and the tax reform will increase investment, partly offsetting the sharp decline in oil investment. Improvements in productivity are essential to lift potential growth, as the large increases in the labor force observed in the last 15 years are unlikely to continue.
The Economic Development Of Colombia
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Author : United Nations. Economic Commission for Latin America
language : en
Publisher:
Release Date : 1957
The Economic Development Of Colombia written by United Nations. Economic Commission for Latin America and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1957 with Colombia categories.
Economic Growth Of Colombia
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Author : World Bank. South America Department
language : en
Publisher:
Release Date : 1970
Economic Growth Of Colombia written by World Bank. South America Department and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with Colombia categories.
Export Diversification And Economic Growth
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Author : Juan Felipe Mejía
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-07-31
Export Diversification And Economic Growth written by Juan Felipe Mejía and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-07-31 with Business & Economics categories.
The main research problem addressed in the book is the one regarding the role that export diversification could play for enhancing economic growth in Colombia, both in terms of new products and new geographic markets. The underlying motivation for centering the analysis on the European Union’s market are manifold, reaching from the evident concentration of exports – both in terms of composition and markets- that Colombia still shows, to the small amount of empirical studies analyzing the current status and potentialities of the commercial relations between Colombia and the European Union.