The political economy of exchange rate policy in Colombia
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Abstract
"Since the 1960s Colombia has exhibited notorius economic stability and institutional continuity. Until rencently, the political system was based on an entreched bipartisan coalition, with little ideological confrontation. Power sharing, which was mandatory during the National Front (NF, 1954-74), lasted until 1991. Coffee, the main export, is a labor-intensive activity, taking place in thousands of family-owned small plots. Coffee producers income depends on a complez arrangement whit the government, the exchange rete being but one component."
Abstract
"Since the 1960s Colombia has exhibited notorius economic stability and institutional continuity. Until rencently, the political system was based on an entreched bipartisan coalition, with little ideological confrontation. Power sharing, which was mandatory during the National Front (NF, 1954-74), lasted until 1991. Coffee, the main export, is a labor-intensive activity, taking place in thousands of family-owned small plots. Coffee producers income depends on a complez arrangement whit the government, the exchange rete being but one component."
Serie
Documentos de Trabajo (Working Papers). No. 11. Enero 1999
Palabras clave
Política Monetaria
Tasa de Cambio
Sector Externo
JEL
F33