Implications of International Monetary Fund agreements on poverty in Colombia
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Published
Jun 7, 2017
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Abstract
This paper analyzes the implications of International Monetary Fund (IMF) agreements on poverty in
Colombia. It is shown that during the interventions the fund associated poverty only, with insufficient
income, hence their interventions did not reduce the uncertainty of the poor; And although the poverty
indicators improved, it is argued that the real possibilities and capacities of the poor did not improve. In
order to demonstrate this, it is based on a definition of poverty and the principles underlying the raison
d’être of the international organization under study, as well as the aspects that involve uncertainty,
as an edge that clarifies that the interventions of the institution increased poverty to Guarantee the
profitability of capital.
Colombia. It is shown that during the interventions the fund associated poverty only, with insufficient
income, hence their interventions did not reduce the uncertainty of the poor; And although the poverty
indicators improved, it is argued that the real possibilities and capacities of the poor did not improve. In
order to demonstrate this, it is based on a definition of poverty and the principles underlying the raison
d’être of the international organization under study, as well as the aspects that involve uncertainty,
as an edge that clarifies that the interventions of the institution increased poverty to Guarantee the
profitability of capital.
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How to Cite
Casas Herrera, J. A. (2017). Implications of International Monetary Fund agreements on poverty in Colombia. ECONÓMICAS CUC, 38(1), 9–36. https://doi.org/10.17981/econcuc.38.1.01
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