Download or read book A History of Colombian Economic Thought written by Andrés Álvarez and published by Taylor & Francis. This book was released on 2023-09-08 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever since the quest for independence between 1810 and 1819, economic thought in Colombia has been shaped by policy debates and characterized by a pragmatic and eclectic approach. Economic thought in Colombia can only be revealed through the exploration of economists’ practices and the role of economic arguments within broader public debate. This history of Colombian economic thought provides a detailed account of major issues that have marked the constant feedback between economic ideas and economic practice in Colombia during the 19th and 20th centuries. This volume is thus a history of the interaction between ideas and policy. Those involved in these debates – politicians, public officials, journalists, and, latterly, professional economists – established direct contact with what can be identified as the centers of production of economic theory (both in Europe and the US) and entered regional and local networks in economics, but were not just importers of ideas or theories. The way in which they read, discussed, transformed and applied economic theories in Colombia makes for a rich environment for the production and implementation of economic policies that drew, diverged and transformed the way economics was understood and used as a source of knowledge for practical concerns. This is why the history of Colombian economic thought does not fit into traditional typologies of economic schools and why it must be understood as part of a political debate and within a political, social and cultural context that demanded specific solutions to urgent social demands. Through the study of what was taught, when and how, at the beginnings of the republican era, and why and how professional economists came to lead public debate and economic policy making in the 20th century, this book explores the foundations of this permanent interaction between theory and practice. This book will be of significant interest to readers of history of economic thought, economic history and the history of Colombian and Latin American economic, political and social life more broadly.
Download or read book Central Banking in Latin America written by Mr.Luis Ignacio Jácome and published by International Monetary Fund. This book was released on 2015-03-17 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a brief historical journey of central banking in Latin America to shed light on the debate about monetary policy in the post-global financial crisis period. The paper distinguishes three periods in Latin America’s central bank history: the early years, when central banks endorsed the gold standard and coped with the collapse of this monetary system; a second period, in which central banks turned into development banks under the aegis of governments at the expense of increasing inflation; and the “golden years,” when central banks succeeded in preserving price stability in an environment of political independence. The paper concludes by cautioning against overburdening central banks in Latin America with multiple mandates as this could end up undermining their hard-won monetary policy credibility.
Download or read book Bibliographic Guide to Latin American Studies written by Benson Latin American Collection and published by . This book was released on 1988 with total page 976 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Language Index written by Public Affairs Information Service and published by . This book was released on 1984 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book This Time Is Different written by Carmen M. Reinhart and published by Princeton University Press. This book was released on 2011-08-07 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: An empirical investigation of financial crises during the last 800 years.
Download or read book The Liquidation of Government Debt written by Ms.Carmen Reinhart and published by International Monetary Fund. This book was released on 2015-01-21 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative 1⁄2 of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.
Download or read book A Monetary History of Colombia written by Antonio Hernández Gamarra and published by Villegas Editores. This book was released on 2001 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: As in every modern economy daily life in Colombia is shaped by institutions that channel the lifeblood of the country: money. As a former government minister, an academic economist and a board member of the 'fed' of Colombia, the author presents a broad view of the financial history of the oldest and presently second largest classic economy in South America, covering 500 years of change in banking and monetary policy. Colombia's financial institutions, banks, and governmental monetary policies evolved through long periods of struggles to serve modernisation and stability in a region with many contrary forces at work. Profusely illustrated, it serves as a catalogue of Colombian currency from its Independence to the present. This is a book of high academic value that is also a pleasure to read.
Download or read book Privatization in Latin America written by World Bank and published by World Bank. This book was released on 2005 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines the empirical evidence on the privatisation measures introduced in the Latin American region since the 1980s, in light of recent criticisms of the record of privatisation and allegations of corruption, abuse of market power and neglect of the poor. It includes case studies on the privatisation debate in Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, and Peru; and sets out recommendations for future reforms.
Download or read book Technocracy and Democracy in Latin America written by Eduardo Dargent and published by Cambridge University Press. This book was released on 2015 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praised by some as islands of efficiency in a sea of unprofessional, politicized, and corrupt states, and criticized by others for removing wide areas of policy making from the democratic arena, technocrats have become prominent and controversial actors in Latin American politics. Through an in-depth analysis of economic and health policy in Colombia from 1958 to 2011 and in Peru from 1980 to 2011, Technocracy and Democracy in Latin America explains the source of these experts' power as well as the leverage they have across state policy sectors in Latin America.
Download or read book Central Banking in Latin America written by Mr.Yan Carriere-Swallow and published by International Monetary Fund. This book was released on 2016-09-30 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America’s central banks have made substantial progress towards delivering an environment of price stability that is supportive of sustainable economic growth. We review these achievements, and discuss remaining challenges facing central banking in the region. Where inflation remains high and volatile, achieving durable price stability will require making central banks more independent. Where inflation targeting regimes are well-established, remaining challenges surround assessments of economic slack, the communication of monetary policy, and clarifying the role of the exchange rate. Finally, macroprudential policies must be coordinated with existing objectives, and care taken to preserve the primacy of price stability.
Download or read book The Economic History of Latin America Since Independence written by V. Bulmer-Thomas and published by Cambridge University Press. This book was released on 2003-08-04 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive balanced portrait of the factors affecting economic development in Latin America, first published in 2003.
Download or read book Cuba written by Rex A. Hudson and published by Government Printing Office. This book was released on 2002 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Describes and analyzes the economic, national security, political, and social systems and institutions of Cuba."--Amazon.com viewed Jan. 4, 2021.
Download or read book Exchange Rates in South America s Emerging Markets written by Luis Molinas Sosa and published by Cambridge University Press. This book was released on 2020-07-16 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since Meese and Rogoff (1983) results showed that no model could outperform a random walk in predicting exchange rates. Many papers have tried to find a forecasting methodology that could beat the random walk, at least for certain forecasting periods. This Element compares the Purchasing Power Parity, the Uncovered Interest Rate, the Sticky Price, the Bayesian Model Averaging, and the Bayesian Vector Autoregression models to the random walk benchmark in forecasting exchange rates between most South American currencies and the US Dollar, and between the Paraguayan Guarani and the Brazilian Real and the Argentinian Peso. Forecasts are evaluated under the criteria of Root Mean Square Error, Direction of Change, and the Diebold-Mariano statistic. The results indicate that the two Bayesian models have greater forecasting power and that there is little evidence in favor of using the other three fundamentals models, except Purchasing Power Parity at longer forecasting horizons.
Download or read book Card Carrying Christians written by Rebecca C. Bartel and published by Univ of California Press. This book was released on 2021-05-24 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the waning years of Latin America's longest and bloodiest civil war, the rise of an unlikely duo is transforming Colombia: Christianity and access to credit. In her exciting new book, Rebecca C. Bartel details how surging evangelical conversions and widespread access to credit cards, microfinance programs, and mortgages are changing how millions of Colombians envision a more prosperous future. Yet programs of financialization propel new modes of violence. As prosperity becomes conflated with peace, and debt with devotion, survival only becomes possible through credit and its accompanying forms of indebtedness. A new future is on the horizon, but it will come at a price.
Download or read book A Century of Debt Crises in Latin America written by Carlos Marichal and published by . This book was released on 1989 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carlos Marichal contends that the boom-and-bust cycles of Latin American foreign loans result mainly from the fluctuations of the world economy, rather than from errors made in Latin America itself. Marichal shows that the present debt crisis is only a part of an overall pattern in Latin American history--cycles of loan boom and subsequent debt crisis that are heavily influenced by fluctuations of international trade and capital flows. He also reveals the significant role played by those who implement debt policies. Examining the strategies of both lenders and borrowers, he makes it clear that foreign loan negotiations are not only financial tools but also political instruments with broad economic and social consequences. The book analyzes in detail the four major debt crises that took place in Latin America during the nineteenth and early twentieth centuries. Marichal's focus is comparative, since the contracting of foreign loans and their repayment were problems common to virtually all nations of the region. He devotes special attention to explaining the links of these debt crises to the international financial panics of 1825, 1873, 1890, and 1929. The epilogue compares the debt crises of the past with the contemporary Latin American debt crisis.
Download or read book Central Banking in Developing Countries written by A. Chandavarkar and published by Springer. This book was released on 1996-10-31 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive state-of-the-art survey which analyzes institutions, policies and issues of central banking in developing countries including interest-free Islamic and transition economies. It discusses objectives and functions; monetary, exchange, supervisory and developmental roles; financial liberalization; informal finance; causes and implications of central bank losses. It critically evaluates currency boards, central bank independence, ceilings on government credit and suggests radical organizational reforms, divestiture of quasi-fiscal activities and partial privatization of central banks.
Download or read book Encyclopedia of Latin American History and Culture written by Barbara A. Tenenbaum and published by Charles Scribner's Sons. This book was released on 1996 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strives to organize knowledge of the region. It contains nearly 5,300 separate articles. Most topics appear in English alphabetical order.