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Antecedentes históricos de la deuda externa colombiana. La Paz Británica

Author

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  • Mauricio Avella Gómez

    (Banco de la República)

Abstract

Latin American access to international markets since the beginning of the 19th century has depended on the cyclical behaviour of foreign indebtedness. This document studies Great Britain’s cycles of boom and recession in international credit and Latin American participation on the international capital movements. It emphasizes on Colombia’s role as the main debtor in Latin America during the period known as Pax Britannica, which is taken to begin in the third decade of the 19th century.

Suggested Citation

  • Mauricio Avella Gómez, 2003. "Antecedentes históricos de la deuda externa colombiana. La Paz Británica," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 5(9), pages 90-127, July-Dece.
    • Handle: RePEc:rei:ecoins:v:5:y:2003:i:9:p:90-127
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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/mavella9.pdf
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    References listed on IDEAS

    as
    1. Eichengreen, Barry, 1990. "Trends and Cycles in Foreign Lending," CEPR Discussion Papers 451, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Mauricio Avella Gómez, 2004. "Antecedentes históricos de la deuda externa colombiana. De la Paz Británica a la Paz Americana," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 6(11), pages 157-206, July-Dece.
    2. Mauricio Avella Gómez, 2003. "Antecedentes Históricos de la Deuda Colombiana. El Proceso de Moratoria Formal Sobre la Deuda Externa entre 1931 y 1935," Borradores de Economia 271, Banco de la Republica de Colombia.
    3. Mauricio Avella Gómez, 2003. "Antecedentes Históricos de la Deuda Colombiana. El Proceso de Moratoria Formal sobre la Deuda Externa entre 1931 y 1935," Borradores de Economia 2005, Banco de la Republica.

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    More about this item

    Keywords

    foreign debt; capital flows; foreign investment; Pax Britannica;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • N20 - Economic History - - Financial Markets and Institutions - - - General, International, or Comparative

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