Colombia’s Political Economy at the Outset of the by Bruce M. Bagley, Visit Amazon's Jonathan D. Rosen Page,

By Bruce M. Bagley, Visit Amazon's Jonathan D. Rosen Page, search results, Learn about Author Central, Jonathan D. Rosen, , José Antonio Ocampo , Albert Berry, Sandra Borda, Marten W. Brienen, Fernando Cepeda Ulloa, Marc Chernick, Malcolm Deas, Santiago Góme

This quantity examines Colombia’s political economic climate on the outset of the twenty-first century. a gaggle of major specialists explores a number of concerns, resembling drug trafficking, geared up crime, fiscal functionality, the inner armed clash, and human rights. The specialists spotlight some of the demanding situations that Colombia faces at the present time. This quantity is an enormous contribution to the sector and offers a present landscape of the Colombia clash.

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Additional info for Colombia’s Political Economy at the Outset of the Twenty-First Century: From Uribe to Santos and Beyond

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Important figures in the Liberal Party saw the dissatisfied squatters and smallholders as a political resource on which they might draw. By the time the famous Law 200 of 1936 was passed the balance of power had shifted back to the landlords and, in its application that law, commonly thought to favor the settlers,12 reinforced the position of the large estate owners by making it easier for them to claim land. 14 Fajardo15 and others describe massive expulsions of campesinos during this period, some through the displacement of former workers and tenants on the traditional haciendas as they converted to modern agriculture.

What is equally important, the previous episodes led to strong regulations of capital flows aimed at reducing booming inflows; the most recent one did not. In all of them, there have also been central bank interventions to accumulate foreign exchange reserves, though generally weaker than similar efforts by other Latin American countries. Since the overwhelming share of imports is comprised of manufactures, the net effect of trade trends during the recent boom has been a spectacular surplus of energy and mining exports accompanied by a massive increase in the manufacturing trade deficit, particularly in 2008–2012.

6). The major coal and nickel projects that the government had promoted since the 1970s had added these two commodities to the list of mining products in the 1980s to the renewed exports of oil and derivatives, and the ancestral though highly cyclical gold exports (which are not fully reflected in trade statistics). Oil itself benefited from the more private sector–friendly and, particularly, FDI-friendly contracts introduced in the mid-1970s. The Uribe Administrations placed the encouragement of FDI in mining at the center of its economic policy, to the point of approving (entirely unnecessary) tax incentives for investments in the sector, and the Santos administration used the term “mining locomotive” in its Development Plan to refer to the priority placed on this sector.

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