Trade Policy and Evolution of the External Sector in Colombia1970-2016
The Colombian economy has witnessed an increase in commercial relations with the world. Regardless of the form, a country exercises a commercial policy whenever it intervenes to correct market imperfections. The article aims to describe the politics and evolution of the Colombian external sector for...
| Main Authors: | , |
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| Format: | Online |
| Language: | spa |
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Universidad Pedagógica y Tecnológica de Colombia
2019
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| Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/8935 |
| _version_ | 1801705973896708096 |
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| author | Gallardo Sanchez, Carlos Felipe Vallejo Zamudio, Luis Eudoro |
| author_facet | Gallardo Sanchez, Carlos Felipe Vallejo Zamudio, Luis Eudoro |
| author_sort | Gallardo Sanchez, Carlos Felipe |
| collection | OJS |
| description | The Colombian economy has witnessed an increase in commercial relations with the world. Regardless of the form, a country exercises a commercial policy whenever it intervenes to correct market imperfections. The article aims to describe the politics and evolution of the Colombian external sector for the period 1970-2016. Under a descriptive-analytical methodology and a quantitative approach, the collection, selection, analysis and interpretation of secondary sources is performed. It is found that the country has increased its commercial volume during the whole period, however, in 33 of the 47 years of study it incurs in a trade deficit. The policy instruments implemented have been liberalizing the national economy, but there is still a low diversification and dependence on traditional exports. Colombian trade policy is largely reactive and has operated to cope with coffee and oil bonanzas or currency availability, contrary to a long-term planning approach. |
| format | Online |
| id | oai:oai.revistas.uptc.edu.co:article-8935 |
| institution | Revista Apuntes del Cenes |
| language | spa |
| publishDate | 2019 |
| publisher | Universidad Pedagógica y Tecnológica de Colombia |
| record_format | ojs |
| spelling | oai:oai.revistas.uptc.edu.co:article-89352022-06-17T21:35:26Z Trade Policy and Evolution of the External Sector in Colombia1970-2016 Política comercial y evolución del sector externo en Colombia 1970–2016 Gallardo Sanchez, Carlos Felipe Vallejo Zamudio, Luis Eudoro trade policy tariff exports imports external sector política comercial arancel exporaciones importaciones sector externo. The Colombian economy has witnessed an increase in commercial relations with the world. Regardless of the form, a country exercises a commercial policy whenever it intervenes to correct market imperfections. The article aims to describe the politics and evolution of the Colombian external sector for the period 1970-2016. Under a descriptive-analytical methodology and a quantitative approach, the collection, selection, analysis and interpretation of secondary sources is performed. It is found that the country has increased its commercial volume during the whole period, however, in 33 of the 47 years of study it incurs in a trade deficit. The policy instruments implemented have been liberalizing the national economy, but there is still a low diversification and dependence on traditional exports. Colombian trade policy is largely reactive and has operated to cope with coffee and oil bonanzas or currency availability, contrary to a long-term planning approach. La economía colombiana ha sido testigo del incremento de las relaciones comerciales con el mundo. Independientemente de la forma, un país ejerce política comercial toda vez que interviene para corregir imperfecciones del mercado. El artículo describe la política y la evolución del sector externo colombiano para el periodo 1970–2016. Bajo una metodología descriptiva-analítica y un enfoque cuantitativo se recolectan, seleccionan, analizan e interpretan las fuentes secundarias. Se encuentra que el país ha incrementado su volumen comercial durante todo el periodo; sin embargo, en 33 de los 47 años de estudio incurre en déficit comercial. Los instrumentos de política implementados han ido liberalizando la economía nacional, pero existe aún baja diversificación y dependencia de exportaciones tradicionales. La política comercial colombiana en gran parte es reactiva y ha operado para hacer frente a bonanzas cafeteras y petroleras o disponibilidad de divisas, contrario a un enfoque de planeación a largo plazo. Universidad Pedagógica y Tecnológica de Colombia 2019-02-07 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf text/xml https://revistas.uptc.edu.co/index.php/cenes/article/view/8935 10.19053/01203053.v38.n67.2019.8935 Apuntes del Cenes; Vol. 38 No. 67 (2019); 123-155 Apuntes del Cenes; Vol. 38 Núm. 67 (2019); 123-155 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/8935/7614 https://revistas.uptc.edu.co/index.php/cenes/article/view/8935/11183 Copyright (c) 2019 Carlos Felipe Gallardo Sanchez, Luis Eudoro Vallejo Zamudio http://creativecommons.org/licenses/by-nc-sa/4.0 |
| spellingShingle | trade policy tariff exports imports external sector política comercial arancel exporaciones importaciones sector externo. Gallardo Sanchez, Carlos Felipe Vallejo Zamudio, Luis Eudoro Trade Policy and Evolution of the External Sector in Colombia1970-2016 |
| title | Trade Policy and Evolution of the External Sector in Colombia1970-2016 |
| title_alt | Política comercial y evolución del sector externo en Colombia 1970–2016 |
| title_full | Trade Policy and Evolution of the External Sector in Colombia1970-2016 |
| title_fullStr | Trade Policy and Evolution of the External Sector in Colombia1970-2016 |
| title_full_unstemmed | Trade Policy and Evolution of the External Sector in Colombia1970-2016 |
| title_short | Trade Policy and Evolution of the External Sector in Colombia1970-2016 |
| title_sort | trade policy and evolution of the external sector in colombia1970 2016 |
| topic | trade policy tariff exports imports external sector política comercial arancel exporaciones importaciones sector externo. |
| topic_facet | trade policy tariff exports imports external sector política comercial arancel exporaciones importaciones sector externo. |
| url | https://revistas.uptc.edu.co/index.php/cenes/article/view/8935 |
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