Type | Journal Article - Ambiente y Sostenibilidad |
Title | Characterization of Specialization Process of Colombian Economy Towards Extractive Sector |
Author(s) | |
Volume | 5 |
Issue | 1 |
Publication (Day/Month/Year) | 2016 |
Page numbers | 118-130 |
Abstract | Several authors claim that a large number of Latin American countries are reprimarizing their economies. Colombia has been no exception, and although traditionally based its productive apparatus in primary sector activities such as agriculture, logging, minerals and hydrocarbons, in the last two decades can be seen a sharper reprimarized phenomenon to the sector mining and energy. Research related to the implications of the extractive, economically speaking, broadly focus on economic growth as a variable of interest. In this sense, the present study seeks to provide arguments to those criticisms about the advantages in economic matters has left the extractive industry in Colombia. Firstly shows the evidence that reflect the type of Extractivism implemented in the country, focusing on the factors that have promoted, and ultimately results in macroeconomic terms obtained by it, specifically in economic growth, demand of local labor and deteriorating terms of trade. The paper ends with some conclusions drawn from the results of the investigation. |
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