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COLOMBIA Y VENEZUELA: DESEMPEÑO ECONÓMICO, TIPO DE CAMBIO Y RELACIONES ESTADO-EMPRESARIOS.
- Source :
-
Revista de Economía Institucional . nov2008, Vol. 10 Issue 19, p265-291. 27p. 3 Charts, 8 Graphs. - Publication Year :
- 2008
-
Abstract
- In 1980, Venezuelan income per capita in dollars was 1.4 times higher than that of Colombia, but in 2007, this ratio was reversed and the Colombian income was 1.1 higher than that of Venezuela. This result deserves an explanation, as both countries made similar structural reforms to allow a free economy and to integrate with international markets. This paper aims to explain this result. The main conclusion is that the State-entrepreneur relationship and the real exchange rate management are crucial for the explanation of the difference in the economic performance of both countries. [ABSTRACT FROM AUTHOR]
- Subjects :
- *FOREIGN exchange rates
*ECONOMIC development
*INTERNATIONAL relations
*ECONOMICS
Subjects
Details
- Language :
- Spanish
- ISSN :
- 01245996
- Volume :
- 10
- Issue :
- 19
- Database :
- Academic Search Index
- Journal :
- Revista de Economía Institucional
- Publication Type :
- Academic Journal
- Accession number :
- 36117688