How to motivate faster growth in Colombia: the leading sector strategy revisited

This paper reproduces two public lectures given at an Incolda conference in Bogota, October 1, 2002 on «La Realidad de la Economía Colombiana ». It reviews the great structural changes in output and employment over recent decades and how macroeconomic policies can strengthen or weaken the na...

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Main Author: Roger J. Sandilands
Format: Article
Language:Spanish
Published: Universidad ICESI 2002-01-01
Series:Estudios Gerenciales
Online Access:http://www.redalyc.org/articulo.oa?id=21208503
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spelling doaj-a93c38d3ff5745e39efd6a40b46bff502020-11-24T21:19:17ZspaUniversidad ICESIEstudios Gerenciales0123-59232002-01-0185How to motivate faster growth in Colombia: the leading sector strategy revisitedRoger J. SandilandsThis paper reproduces two public lectures given at an Incolda conference in Bogota, October 1, 2002 on «La Realidad de la Economía Colombiana ». It reviews the great structural changes in output and employment over recent decades and how macroeconomic policies can strengthen or weaken the natural forces underlying these changes. It distinguishes between potentially inflationary policies designed to increase demand in a monetary sense, and those that focus on institutional changes that enhance competition and mobility. It explains how inflation distorts the allocation of resources, and why it especially harms long-term housing finance and exports. It explains the logic of Lauchlin Curries leading sector theory of growth and shows why and how housing and exports can be given special protection to accelerate development.http://www.redalyc.org/articulo.oa?id=21208503
collection DOAJ
language Spanish
format Article
sources DOAJ
author Roger J. Sandilands
spellingShingle Roger J. Sandilands
How to motivate faster growth in Colombia: the leading sector strategy revisited
Estudios Gerenciales
author_facet Roger J. Sandilands
author_sort Roger J. Sandilands
title How to motivate faster growth in Colombia: the leading sector strategy revisited
title_short How to motivate faster growth in Colombia: the leading sector strategy revisited
title_full How to motivate faster growth in Colombia: the leading sector strategy revisited
title_fullStr How to motivate faster growth in Colombia: the leading sector strategy revisited
title_full_unstemmed How to motivate faster growth in Colombia: the leading sector strategy revisited
title_sort how to motivate faster growth in colombia: the leading sector strategy revisited
publisher Universidad ICESI
series Estudios Gerenciales
issn 0123-5923
publishDate 2002-01-01
description This paper reproduces two public lectures given at an Incolda conference in Bogota, October 1, 2002 on «La Realidad de la Economía Colombiana ». It reviews the great structural changes in output and employment over recent decades and how macroeconomic policies can strengthen or weaken the natural forces underlying these changes. It distinguishes between potentially inflationary policies designed to increase demand in a monetary sense, and those that focus on institutional changes that enhance competition and mobility. It explains how inflation distorts the allocation of resources, and why it especially harms long-term housing finance and exports. It explains the logic of Lauchlin Curries leading sector theory of growth and shows why and how housing and exports can be given special protection to accelerate development.
url http://www.redalyc.org/articulo.oa?id=21208503
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