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On The Crisis Hypothesis of Economic Reform: Colombia 1989-91

Author

Listed:
  • Sebastián Edwards
  • Roberto Steiner

Abstract

On July 1999 Colombia entered into an extended facility agreement with the IMF. Clearly, problems currently affecting Colombia go well beyond economics, as political and social tensions have intensified. Many of the policies contemplated in the IMF progra

Suggested Citation

  • Sebastián Edwards & Roberto Steiner, 2000. "On The Crisis Hypothesis of Economic Reform: Colombia 1989-91," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 37(112), pages 445-493.
    • Handle: RePEc:ioe:cuadec:v:37:y:2000:i:112:p:445-493
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    File URL: http://www.economia.uc.cl/docs/steiner.pdf
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    Citations

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    Cited by:

    1. Mauricio Cárdenas, 2007. "Economic growth in Colombia: A reversal of "Fortune"?," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 25(53), pages 220-259, January.
    2. Mauricio Cárdenas & Roberto Junguito B. & Mónica Pachón B., 2006. "Political Institutions and Policy Outcomes in Colombia : the Effects of the 1991 Constitution," Coyuntura Económica, Fedesarrollo, June.
    3. Alessandria, George & Avila, Oscar, 2020. "Trade Integration in Colombia: A Dynamic General Equilibrium Study with New Exporter Dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 115(C).
    4. Mounir Mahmalat & Declan Curran, 2018. "Do Crises Induce Reform? A Critical Review Of Conception, Methodology And Empirical Evidence Of The €˜Crisis Hypothesis’," Journal of Economic Surveys, Wiley Blackwell, vol. 32(3), pages 613-648, July.
    5. María Angélica Arbeláez & Sebastián Higuera & Roberto Steiner & Sandra Zuluaga, 2018. "Protecting “sensitive” agricultural products in Colombia : a political economy approach," Coyuntura Económica, Fedesarrollo, vol. 48(1-2), pages 153-205, December.
    6. María Angélica Arbeláez & Sebastián Higuera & Roberto Steiner & Sandra Zuluaga, 2019. "The political economy of protection of some “sensitive” agricultural products in Colombia," Informes de Investigación 17195, Fedesarrollo.
    7. Kern, Andreas & Reinsberg, Bernhard & Rau-Göhring, Matthias, 2019. "IMF conditionality and central bank independence," European Journal of Political Economy, Elsevier, vol. 59(C), pages 212-229.

    More about this item

    Keywords

    Colombia; structural reforms; political economy; crisis hypothesis;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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