Abstract

BERRIO ZAPATA, Cristian. State supervisors and competitiveness in Colombia: a critical approach. Cuad. Adm. [online]. 2004, vol.17, n.28, pp.155-174. ISSN 0120-3592.

The article wants to call for a reflection about the characteristics of the Colombian supervising institutions and their ways of control, making emphasis on the limitations that their rationality impose in respect to the new circumstances of global economy and competitiveness in the “Knowledge Society”. The Insurance Delegation of the Colombian Bank Authority has been taken as a sample, collecting experiences from two and a half years of work in the institution as well as historical facts occurred during 1990 decade, when the local market opened to free competition. Anachronical and uncompetitive forms of supervision are found as well as the urgency of changes in the direction that the World Bank has already pointed. As a conclusion, the basic competences for the insurance market are defined and new forms of evolution proposed regarding supervision, using the model of “Competence Cycle” Tidd (2000), stating that there is a basic role for the state supervisorsin the construction of competitive nations.

Keywords : insurance; competitiveness; supervision; bank authority; competences.

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