Liberty Review América Latina

Insecurity and Economic Development in Colombia in the 1st Century of Independence


Este artículo cuestiona el grado de importancia que ha sido atribuido a la inseguridad en los análisis recientes del atraso colombiano en el siglo XIX, y del atraso de la América Latina en general en la post-independencia. El autor ofrece argumentos críticos a la falta de evidencia empírica y ausencia de un enfoque comparativo en estos análisis, tanto dentro como fuera del hemisferio. El artículo sostiene que la evidencia mostrada para el caso colombiano indica que ni la llamada «anarquía» ni las deficiencias de los derechos de propiedad constituyeron un freno importante al desarrollo de la economía del país. El autor también cuestiona la dirección de causalidad de las explicaciones institucionalistas.



Filed under: Ciencia Política, Economía, Historia

The Political Economy of Unsustainable Fiscal Deficits

CUADERNOS DE ECONOMÍA 47.136 (2010): 169-189

This paper uses an intertemporal model of public finances to show that political instability can cause taxes to be tilted to the future, resulting in a fiscal deficit that is suboptimal and only weakly sustainable (in the sense of Quintos). This occurs because political instability gives the government an incentive to implement a myopic fiscal policy in order to increase its chances of remaining in office. The government achieves this by delaying taxes (or advancing spending) in order to buy political support, which in turn causes an upward trend in the deficit process and a financial crisis. Using annual data for Chile for the 1833-1999 period, the authors present statistical test results that support the model.



Filed under: Ciencia Política, Economía

Un País Sin Rumbo. Política, Políticas Públicas y Desarrollo en la Argentina

DESARROLLO ECONÓMICO 50. 199 (2010): 391-421

En este trabajo se argumenta que una de las razones de los infortunios económicos y sociales de la Argentina radica en la inestabilidad y baja calidad de sus políticas públicas. Estas a su vez son consecuencia de un proceso de policymaking en el cual los principales actores tienen pocos incentivos a cooperar, lo cual los lleva a acciones cortoplacistas. La Argentina ha sido incapaz de construir un sendero consistente de política económica, social e internacional. De allí el título del artículo, un país sin rumbo. En el trabajo se analiza el funcionamiento de las instituciones políticas que subyace a esta incapacidad de construir buenas políticas públicas.


Filed under: Ciencia Política, Economía

América Latina Archive

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