I've been searching in the Internet about some info, and I came across this article written by James A. Robinson from Harvard University, which look pretty interesting: "A Normal Latin American Country? A Perspective on Colombian Development"
Besides that, there are some main characteristics which I think Colombia share with its neighbours (I'll test them out while listening to cumbia) and crucially weaken its institutions and thus, its development prospects:
- States are fragile and do not reach the whole country (important levels of corruption, inefficacy of the public initiatives,
- Inequality (economic and social) hampers the consolidation of a common and shared view of the country in the social imaginary. Consequences: the most important source of state revenues are indirect taxes and all five countries are major exporters of labourers.
- Geographic disparities within these countries determine important economic and social development differences across regions
- The political systems of representation are fragile and incapable of aggregating the different needs of country
@ marginal revolution there is another interesting post (and discussion) about this country.
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