Hostname: page-component-78c5997874-mlc7c Total loading time: 0 Render date: 2024-11-04T19:19:24.011Z Has data issue: false hasContentIssue false

Some Implications of the Growth of the Underground Economy in Colombia

Published online by Cambridge University Press:  02 January 2018

Extract

Según lo que aquí visto, es tan buena la justicia que es necesaria que se use aun entre los mesmos ladrones (Sancho Panza).

The growth and importance of the underground economy has come under increasing attention from the economic profession in recent years. However, there is no consensus as to precisely which economic activities can properly be defined as forming this segment of the larger economy, although one observer has commented that they range “from relatively legal to totally criminal, that somehow escape official attention and may distort official statistics and lead to erroneous policies” (Tanzi, 1983:10). The “relatively legal” activities, which exist at one end of the spectrum, basically consist of those normal activities whose exercise is either inhibited by government red tape or which are subject to restrictions (such as minimum standards) which their agents are reluctant to meet.

Type
Research Article
Copyright
Copyright © University of Miami 1987

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Berry, R. and Thoumi, F. (1987) “Colombian Economic Growth and Policies from 1970 to 1984,” in Bagley, B., Thoumi, F. and Tokatlian, J. (eds.) State and Society in Contemporary Colombia: Beyond the National Front. Boulder, CO: Westview Press.Google Scholar
Craig, R. (1983) “Domestic Implications of Illicit Colombian Drug Production and Trafficking.” Journal of Interamerican Studies and World Affairs 25, 3 (August): 325350.Google Scholar
Colombia. Departamento Administrativo Nacional de Estadística (DANE) (1986) Colombia Estadística 1986. Bogotá, Colombia: DANE.Google Scholar
Colombia. Ministerio de Gobierno. (1986) Política de Paz del Presidente Betancur. Bogotá, Colombia: Publicaciones y Audiovisuales Mingobierno.Google Scholar
De Soto, H. (1986) El otro sendero: la revolución informal. Lima, Peru: El Barranco.Google Scholar
Economic Commission for Latin America (ECLA) (1985) Notas sobre la economía y el desarrollo (424/425). Santiago, Chile: United Nations, ECLA (December).Google Scholar
Fuentes, S. and Losada, R. (1978) “Implicaciones socio-económicas de la ilegalidad de la tierra urbana en Colombia.” Coyuntura Económica VIII, 1 (April).Google Scholar
Gómez, J. (1987) “The Colombian Illegal Economy: Size, Evolution, Characteristics and Economic Impact,” in Bagley, B., Thoumi, F., and Tokatlian, J. (eds.) State and Society in Contemporary Colombia: Beyond the National Front. Boulder, CO: Westview Press.Google Scholar
Junguito, R. and Caballero, C. (1982) “Illegal Trade Transactions and the Underground Economy of Colombia,” pp. 285313 in Tanzi, V. (ed.) The Underground Economy in the United States and Abroad. Lexington, MA: Lexington Books.Google Scholar
Kamas, L. (1986) “Dutch Disease Economics and the Colombian Export Boom.” World Development 14, 9 (September): 11771198.CrossRefGoogle Scholar
López Toro, A. (1970) Migración y Cambio Social en Antioquia durante el Siglo Diez y Nueve. Bogotá, Colombia: Centro de Estudios sobre Desarrollo Económico, Universidad de los Andes.Google Scholar
Morawetz, D. (1981) Why the Emperor's New Clothes are Not Made in Colombia. New York, NY: Oxford University Press.Google Scholar
Sah, R. (1986) A General Equilibrium Model of Societal Beliefs and Behavior about Honesty (mimeo). New Haven, CT: Department of Economics, Yale University; June.Google Scholar
Tanzi, V. (1983) “The Underground EconomyFinance and Development 20, 4 (December): 1013.Google Scholar
Twinam, A. (1980) “From Jew to Basque: Ethnic Myths and Antioqueño Entrepreneurship.” Journal of Interamerican Studies and World Affairs 22, 1 (February): 81107.Google Scholar
United Nations (UN) (1980) Demographic Yearbook 1980. New York, NY: United Nations.Google Scholar
United States. Bureau of the Census (US-Census) (1986) Statistical Abstract of the United States 1986. Washington, DC: US Government Printing Office.Google Scholar
Webber, I. and Ocampo, A. (eds.) (1975) Valores, Desarrollo e Historia: Popayán, Medellín, Calí y el Valle del Cauca. Bogotá, Colombia: Ediciones Tercer Mundo.Google Scholar