Insecurity and economic development in Colombia in the 1st century of independence*

Malcolm Deas

Revista de Historia Económica / Journal of Iberian and Latin American Economic History, 2011, vol. 29, issue 2, 183-212

Abstract: The article questions the degree of importance that has been attributed to insecurity in the recent analysis of Colombia's lack of development in the 19th century, and of the lack of development in post-independence Latin America generally. The author criticizes their lack of empirical evidence, and their lack of comparative focus, both within the hemisphere and outside it, and offers a series of arguments against their conclusions. His own evidence in the Colombian case indicates that neither «anarchy» nor deficiencies in property rights constituted significant brakes on the development of the country's economy. He also questions the direction of causation in institutionalist explanations.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:cup:reveco:v:29:y:2011:i:02:p:183-212_00

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