Resumen

BRANDO, Carlos Andrés  y  NODARI, Gianandrea. BANKING POLICIES DURING THE GREAT DEPRESSION: COLOMBIA AND MEXICO, 1929-1937. anal.polit. [online]. 2020, vol.33, n.100, pp.118-145.  Epub 05-Abr-2021. ISSN 0121-4705.  https://doi.org/10.15446/anpol.v33n100.93364.

This article analyses the changes introduced to the banking systems of two Latin American countries, Colombia and Mexico, in the interwar period (1929-1937). These were reforms that materialised through the creation of state banks, founded with the purpose of revitalising domestic credit, after the credit crunch caused by the Great Depression. The cases of Mexico and Colombia allow us to appreciate how in the face of private commercial banks´ incapacity to deliver credit, the State took upon the task itself, and catered for the financing needs of both agriculturalists and other domestic entrepreneurs. In this article we sustain, that the creation of state banks facilitated both Mexico and Colombia to achieve two objectives: to recover in a relatively brief period from the Great Depression, and to do it without dismantling the political institutionality, then in force.

Palabras clave : State Banking; Central Bank; Great Depression; Colombia; Mexico.

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