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La desaceleración económica colombiana: se cosecha lo que se siembra

Author

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  • Carlos Humberto Ortiz

    (Universidad del Valle)

Abstract

The economic slowdown experienced in Colombia since 1980 is explained by the structural stagnation of the national economy and the escalation of violence associated with the expansion of drug trafficking. The available data do not reject this hypothesis. The article sustains that de-industrialization and drug trafficking were forged in the same crucible: a development model that gradually integrates the national economy into world markets whilst abandoning the option of industrialization. Moreover, it argues that the explosion of drug trafficking is due to the deepening of the war on drugs in the context of a growing and inelastic global demand.

Suggested Citation

  • Carlos Humberto Ortiz, 2009. "La desaceleración económica colombiana: se cosecha lo que se siembra," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 11(21), pages 107-137, July-Dece.
    • Handle: RePEc:rei:ecoins:v:11:y:2009:i:21:p:107-137
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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/cortiz21.pdf
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    References listed on IDEAS

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    Cited by:

    1. Ortíz, Carlos Humberto, 2013. "Economic growth consequences of structural stagnation: A two-sector model of productive diversification," Revista Lecturas de Economía, Universidad de Antioquia, CIE, issue 78, pages 73-113, May.
    2. Álvaro Albán, 2011. "Reforma y contrarreforma agraria en Colombia," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 13(24), pages 327-356, January-J.
    3. Germán Sánchez Pérez, 2011. "Conocimiento y crecimiento colombiano: una aproximación a través del progreso tecnológico y el cambio técnico," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, December.
    4. Carlos Humberto Ortiz, 2014. "Política y crecimiento económico en Colombia, 1906-2009," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 16(31), pages 195-222, July-Dece.

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    More about this item

    Keywords

    economic growth; industrial slowdown; technological autonomy; drug trafficking; violence;
    All these keywords.

    JEL classification:

    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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