Este documento contiene una serie de reflexiones sobre políticas de desarrollo del sector productivo en Colombia, que surgen de investigaciones de los autores, algunas de ellas en compañía de otros coautores. El documento, estructurado a manera de “postre de notas”, plantea reflexiones...

This study analyzes the institutions that shape public private collaboration for the design and implementation of productive development policies in Colombia. Colombia is an interesting case because productive development policies are increasingly designed, in principle, in the context of formal...

En este documento se analizan los retos de la política de competencia en el sector de las tarjetas de pago a la luz de las enseñanzas de la teoría de los mercados de dos lados, para entregar elementos sólidos de análisis que contribuyan a un mejor entendimiento de la industria y de la...

Este documento usa las Encuestas de Calidad de Vida de 1997, 2003, 2008 y 2010 para realizar un diagnóstico de la desigualdad en Colombia. Encuentra que aunque ha habido progreso en el tiempo, en niveles absolutos la desigualdad es aún muy alta y lo es también en comparación con la de otros...

Previous work has documented a negative correlation between internal conflict and state capacity. We attempt to shed light on mechanisms that underlie this relationship, using data for Colombian municipalities. We rely on identifying heterogeneous effects of different types of violent events on...

We re-examine the view that wars make strong states, taking advantage of panel data to address two of the most obvious endogeneity concerns that arise in this context: initial conditions and persistence of state capacity. Our main message is that, in modern times, there is no evidence that wars...

Government-owned development banks have often been justified by the need to respond to financial market imperfections that hinder the establishment and growth of promising businesses, and as a result, stifle economic development more generally. However, evidence on the effectiveness of these...

Despite the large potential gains from credit by second-tier development banks, little is known about the actual impact of these banks' lending activity. This study partially fills that gap by analyzing the impact of the lending activity of Bancoldex, the Colombian second-tier development bank,...

Government-owned development banks have often been justified by the need to respond to financial market imperfections that hinder the establishment and growth of promising businesses, and as a result, stifle economic development more generally. However, evidence on the effectiveness of these...

Despite the large potential gains from credit by second-tier development banks, little is known about the actual impact of these banks' lending activity. This study partially fills that gap by analyzing the impact of the lending activity of Bancoldex, the Colombian second-tier development bank,...