Monetary sovereignty in Colombia. Political-economic analysis, 1991-2021

Abstract

We present a political-economic analysis of the 1991-2021 period in Colombian history, by characterizing the dynamics of monetary policy, to understand the way the socioeconomic structure functions with the guidelines of the political superstructure. We provide possible answers about how the maneuver of the investor confidence economic policy advanced against the control of inflation in the boom of foreign capital. In the end, some brief conclusions are presented aimed at sustaining the permanence of the criteria of monetary sovereignty.