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Political institutions and policy outcomes in Colombia: the effects of the 1991 Constitution
(2004-08)
In this paper we analyze the role of the quality of policies, as well as their outcomes, in explaining Colombia s recent performance. Given that we seek to understand why polices delivered better outcomes (in terms of economic growth and social progress) in the past than now, we are specifically interested in variation across time. Rather than analyzing the details, we identify some common characteristics of policies ...