Services on Demand
Journal
Article
Indicators
Cited by SciELO
Access statistics
Related links
Cited by Google
Similars in SciELO
Similars in Google
Share
Revista de Economía del Caribe
Print version ISSN 2011-2106On-line version ISSN 2145-9363
Abstract
REDONDO OCHOA, José. Mining-energy boom and deepening of dependence in Colombia: insertion in an export model of productive specialization post-1990. rev. econ. Caribe [online]. 2021, n.27, pp.41-64. Epub Jan 30, 2022. ISSN 2011-2106.
This article aims to advance the understanding of the causes of the greater dependence and vulnerability of the Colombian economy, as a result of the process of trade liberalization and financial deregulation, which began in the country in the early 1990s. It is argued that the insertion in a primary-export model of productive specialization, aimed at commodities of the extractive sector, has deepened macroeconomic instability in recent years, given the recurring fluctuations in the international price of mining-energy products. In addition, it is stated that the granting of greater benefits to foreign capital that invests in this sector has contributed to the exacerbation of dependence.
Keywords : primary-export model; productive specialization; mining-energy sector; macroeconomic vulnerability; foreign capital flows.