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Industrial Policies in Colombia

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  • Perry, Guillermo
  • Meléndez Arjona, Marcela

Abstract

This paper surveys and analyzes industrial policies in Colombia, finding extensive use of productive development policies (PDPs) and despite claims of only moderate government intervention. Rarely explicitly associated with the need to address market failures, PDPs are instead associated with economic reactivation and vaguely defined competitiveness. There are also PDPs that address government failures considered unlikely to be corrected by first-best interventions. Colombia has made progress, however, in structuring an institutional setting for PDP design that is sufficiently linked with private sector groups to elicit information on constraints and opportunities that require government intervention. Nonetheless, the overall set of PDPs in place still lacks coherence and is not always guided by the policy requests of the private sector more widely defined.

Suggested Citation

  • Perry, Guillermo & Meléndez Arjona, Marcela, 2010. "Industrial Policies in Colombia," IDB Publications (Working Papers) 1808, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:1808
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    Cited by:

    1. Marcela Eslava & Marcela Meléndez & Guillermo Perry, 2013. "Public-Private Collaboration for Productive Development Policies in Colombia," Documentos CEDE 11889, Universidad de los Andes, Facultad de Economía, CEDE.
    2. 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.

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    More about this item

    Keywords

    IDB-WP-126;

    JEL classification:

    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

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