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Historical Previous of Colombian Foreign Debt. From the Pax Britannica to Pax American
This second paper from Mauricio Avella describes the complete cycle of capital exports originating in the United States in the 1920's: the conversion of United States into a creditor nation; the role of New York as the dominant financial center; and the distribution of United States investments, particularly in South America. Moreover, it examines the availability of these exports to Colombia, and the consequences from collapsing of external credit granted by the United States. Finally, it reviews the balance of the main international creditors when the export cycle of American capital closed in the 1920's.
Historical Previous of Colombian Foreign Debt. The Pax Britannica
Latin American access to international markets since the beginning of the 19th century has depended on the cyclical behavior of foreign indebtedness. This document studies Great Britain's cycles of boom and recession in international credit and Latin American participation on the international capital movements. It emphasizes on Colombia's role as the main debtor in Latin America during the period known as Pax Britannica, which is taken to begin in the third decade of the 19th century.
The Growth of Public Expenditure in Colombia, 1925-2003, a Narrative Vision À La Wagner Or À La Peacock and Wiseman?
This exploratory article describes the growth path of national government expenditure during the last eighty years. It covers the following topics: the long term relation between economic growth and public expenditure; budget policies executed in different macroeconomic contexts; and the evolving institutional frameworks of budget execution.
Social Sciences
Beginning with volume 41 (1979), the University of Texas Press became the publisher of the Handbook of Latin American Studies, the most comprehensive annual bibliography in the field. Compiled by the Hispanic Division of the Library of Congress and annotated by a corps of more than 130 specialists in various disciplines, the Handbook alternates from year to year between social sciences and humanities. The Handbook annotates works on Mexico, Central America, the Caribbean and the Guianas, Spanish South America, and Brazil, as well as materials covering Latin America as a whole. Most of the subsections are preceded by introductory essays that serve as biannual evaluations of the literature and research under way in specialized areas. The Handbook of Latin American Studies is the oldest continuing reference work in the field. Katherine D. McCann is acting editor for this volume. The subject categories for Volume 57 are as follows: Electronic Resources for the Social Sciences Anthropology Economics Geography Government and Politics International Relations Sociology
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