The Investor's Shelf โ€” one book
Essays on Industrialization in Colombia

Essays on Industrialization in Colombia

R. Albert Berry
1983
T4 329 pages ยท about 5h 29m to read OL22782696Wgoodreads

Dated but the only serious English work on Colombian manufacturing.

Summary

The reference has not verified this book in detail; the summary states only what the title, author and subject establish.

Berry edited this collection of studies on Colombian industrialisation, published in 1983. The reference has not verified the individual contributions.

The subject is Colombia's manufacturing development from the early twentieth century, which followed a pattern common in Latin America while differing in specifics. Colombian industry developed initially around textiles in Antioquia, financed substantially from coffee export earnings, and later expanded under import substitution policies in the postwar decades. Colombia's industrialisation was less state-directed than Brazil's or Mexico's, its industrial concentration was lower, and its macroeconomic management was more conservative, which produced slower but steadier growth and which is why Colombia avoided the debt crisis defaults that hit most of the region in 1982.

The questions such a volume examines include the sources of capital for early industrialisation and the role of coffee earnings; the effect of protection on the structure and efficiency of manufacturing; the size distribution of firms and the role of small enterprise; employment generation and whether industrialisation absorbed labour from agriculture; regional concentration; and the effect of trade policy shifts.

Berry's own research has concentrated on small and medium enterprise, on employment and on income distribution in Latin America, and his work generally argues that small firms matter more for employment than industrial policy debates recognise.

This is academic economic history from 1983. Colombian industrial structure has changed substantially since, particularly after the trade opening of the early 1990s. Readers should consult the table of contents and treat the volume as a period study.

Key takeaways 6

  1. Colombian industrialisation began around textiles in Antioquia, financed substantially from coffee export earnings.
  2. Colombia's industrialisation was less state-directed than Brazil's or Mexico's and its industrial concentration was lower.
  3. Conservative macroeconomic management produced slower but steadier growth and let Colombia avoid the 1982 regional defaults.
  4. Import substitution protection shaped the structure and efficiency of manufacturing in ways the volume examines empirically.
  5. Small and medium enterprises accounted for more employment generation than the industrial policy debate recognised.
  6. The volume is a period study from 1983 and Colombian industrial structure changed substantially after the 1990s trade opening.

Who should read it

Economic historians and analysts working on Latin American industrialisation who need the Colombian case in detail.

Where it sits in the reference 2

Countries
Philosophy

Similar books 6

Chosen by shared topics, the entries that hold them, and the people who recommended both.

Coffee in Colombia, 1850-1970
Coffee in Colombia, 1850-1970Marco Palacios
A Farewell to Alms: A Brief Economic History
A Farewell to Alms: A Brief Economic History of the World
A Great Leap Forward: 1930s Depression and U
A Great Leap Forward: 1930s Depression and U.S. Economic Growth (Yale Series in Economic and Financial History)
A Great Leap Forward
A Great Leap ForwardAlexander J. Field
A History of Economic Theory
A History of Economic TheoryJurg Niehans
A New Economic History of Argentina
A New Economic History of ArgentinaGerardo della Paolera, Alan M. Taylor