This short paper presents a panoramic view about the future development of the dollar as the world main reserve currency, the commonly accepted means of exchange and the source of value to most Central Banks' international monetary reserves. Analysts, regard that the American Dollar to remain as...

Colombia initiated in 1959 a successful and outrageous structural transformation oriented to encourage diversification of the productive capacity of the country implying defense of world commodity prices, higher rate of industrialization process and the promotion of exports. Government oriented...

A commercial and diplomatic reality not very well studied by the private sector and of a deep concern among higher political skeletons in Colombia has been the FTAA process and the correlated developing issue of the U.S.-Colombian trade bilateral relations. The Free Trade Area of the Americas...

Colombia?s international agenda with the U.S. reduces to narcotic?s control and liberalization of the economy. Economic integration is a second range policy for both governments? agenda. Returning this policy objective to the edge of a preeminent strategic government and diplomatic commitment is...

Historical, political and economic links between Colombia and Venezuela have been strong. After economic integration policies that dominated state affairs in the early sixties, the degree of social and economic interaction, especially in the border region of Santander and Tachira strengthened....

Colombia has politically struggled to launch a consistent and long-term export promotion policy. It has been a successful, not partisan and realist policy. Government initiatives have been oriented to mitigate market distortions introduced by fluctuating terms of trade of Colombian commodity...

The stages leading to modern external growth in Colombia had no historical paragon different with the decade of the twenties where foreign revenues were oriented mainly to satisfy needs of a new expanding market economy. Tariffs didn't comply with a protectionism conventional policy. Instead...

The significant expansion of the Colombian open economy during the first thirty years of the century originated on the expansion of the coffee industry, the Panama Reparation, the increase of foreign direct investment and credit obtained abroad. From 1925-1929 alone coffee revenues represented...

The political class at the turn of the century opposed to the creation of a Central Bank, responding to the argument that government credit control should not surpass what they considered a rational action. Onwards and not exempted of bloodshed the parties? political proposal included the...

Colombian structural change occurred after the export economy benefited from the prolonged upsurge of world trade cycle and so did during the twenties the coffee industry. As causes of the abrupt decline of the external sector in Colombia export activity are attributed first the generalized...