Jaramillo, Juan C.
[VerfasserIn]
;
Stein, Roberto
[Sonstige Person, Familie und Körperschaft];
Salazar, Natalia
[Sonstige Person, Familie und Körperschaft]
The Political Economy of Exchange Rate Policy in Colombia
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 1999 erstellt
Beschreibung:
This paper looks into the political economy forces that helped shape exchange rate policy in Colombia since the early 1960s. As witnessed by the remarkable longevity of the managed crawl, Colombian exchange rate policies since 1967 did not take the form of major regime changes. Policy shifts came about through variations in the rate of crawl, varying degrees of administrative restrictions on capital flows and, on occasions, ad-hoc measures to generate multiple exchange rates