Value extraction, crowding out, and instability of the financial sector on Colombian productive development

ABSTRACT This research aims to illustrate how, under the scenario of global financialization, Colombia’s productive model changed and now is led by finance which extracted value, creating instability, and provoking a crowding out effect on real sector embodied here by the manufacture share of GDP. T...

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Bibliographic Details
Main Author: GONZALO COMBITA MORA
Format: Article
Language:English
Published: Editora 34 2023-12-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572024000100168&lng=en&tlng=en