Deuda pública interna, patrón metálico y guerras civiles: interconexiones institucionales, la Colombia del siglo XIX

Angela Rojas Rivera

Lecturas de Economía, 2007, issue 67, 195-224

Abstract: This article analyzes the monetary and institutional impacts of the domestic public debt in 19th century Colombia. It shows the nature of this debt and its evolution so as to ultimately sketch one side of the institutional matrix of that century. The article draws upon the New Economic Institutionalism and it is derived from a broader research where fiscal data and qualitative information were built by using primary sources. It points out the close link between the issuing of debt notes and civil wars, and displays evidence on how this debt structured an impure gold standard. It is found that this debt had impact on the price level and strengthened the persistence of the monetary chaos and civil wars

Keywords: domestic public debt; gold standard; civil war; institutions; nineteen century (search for similar items in EconPapers)
JEL-codes: E42 N16 N26 N46 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (1)

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Journal Article: Deuda pública interna, patrón metálico y guerras civiles: interconexiones institucionales, la Colombia del siglo XIX (2008)
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