Businessmen, Capital and Industry in the Colombian Caribbean Region During the takeoff of the Agroexport Model at the Beginning of the Twentieth Century

This article discusses the relationship between the capacity of accumulation of capital by the business elite of Barranquilla, investment in industry and manufacturing unit of the type that emerged in this city between 1900 and 1934. Recent history explains the weakness of the industrial de...

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Autor principal: Solano, Sergio Paolo
Formato: Artículo publishedVersion
Lenguaje:Español
Publicado: Centro de Estudios de Historia Económica Argentina y Latinoamericana (CEHEAL) 2020
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Acceso en línea:https://ojs.economicas.uba.ar/H-ind/article/view/1990
https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=hindus&d=1990_oai
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Sumario:This article discusses the relationship between the capacity of accumulation of capital by the business elite of Barranquilla, investment in industry and manufacturing unit of the type that emerged in this city between 1900 and 1934. Recent history explains the weakness of the industrial development of the Colombian Caribbean region in terms of regional market inelasticity, the absence of products for international markets, changing the national transportation system, off the port of Buenaventura in the Pacific coast that went to the ports on the Caribbean coast and the economic policies of the central government. This essay attempts to show that this weakness is also explained by the nature of the business that originated and the restrictions that had accumulated capital in their hands during the study period. We believe that the monopoly for decades were entrepreneurs in the Caribbean region onexports and imports serving most of the time as mere middlemen and commission agents were disrupted with the agro-export model off of the early twentieth century, designed so that traders and producers in the hinterland of the country are related directly and without intermediaries with foreign markets. Therefore what we show is that there was no continuity line with the business of the nineteenth century and the beginning of the next century, which ended up affecting the scope of maintenance and expansion of industries.