Colombia's Slow Economic Growth: From the Nineteenth to the Twenty-First Century

Looking at the years 1870-2016, this book analyses the reasons behind Colombia’s chronically slow economic growth. As a comparative economic history, it examines why Colombia has seen lower growth rates than countries with similar institutions, culture and colonial origins, such as Argentina in 1870-1914, Mexico in 1930-1980, and Chile from 1982 onwards.

While Colombia's history has shown relative macroeconomic stability, it has also shown a limited capacity for integrating into the world ec...