Lauchlin Currie: Lights and Shadows in the Colombian Economy 1950-2000
DOI:
https://doi.org/10.33423/jabe.v25i6.6577Keywords:
business, economics, money, productivity, mobility, growth, development, peasantry, violence, migration, standard of livingAbstract
This paper explains the intellectual journey of Lauchlin Currie, Canadian by origin and Colombian by destination. His contributions were notable in the US at the time of the great world crisis of 1929-1932 in the field of monetary theory and policy and his first publication dates back to 1931, as referenced by his biographer. He directed the first World Bank mission to an underdeveloped country, Colombia, in 1949-1950. He proposed an original development theory applicable to the country and called it Operation Colombia (1961) supported by a book called “Accelerating Development: the necessity and the means”. He was the inspirer and architect of the Development Plan of the Four Strategies in the early 1970s. He made recommendations to the 1991 constituent on free central banking and stability.
