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Anatomía de los ciclos económicos en Colombia 1970-2007

Author

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  • Gloria Cecilia Martínez

Abstract

Este documento analiza los cuatro ciclos completos económicos que se presentaron en Colombia desde 1970. Se logró identificar que los cambios en factores externos, como lo son las mejoras en los términos de intercambio y flujos de capital, han sido impulsadores de los auges. Adicionalmente, como principal objetivo, muestra la responsabilidad que han tenido factores y políticas internas en el desarrollo de los ciclos. Estos han sido amplificadores del impulso externo inicial convirtiéndolo en auges insostenibles que llevan a la economía a condiciones vulnerables. Por lo tanto, los factores que fueron inicialmente impulsos del crecimiento se convierten en detonadores de la crisis.

Suggested Citation

  • Gloria Cecilia Martínez, 2008. "Anatomía de los ciclos económicos en Colombia 1970-2007," Borradores de Economia 496, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:borrec:496
    DOI: 10.32468/be.496
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    More about this item

    Keywords

    Ciclo económico; fricciones financieras; impulsos; detonadores; amplificadores.;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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