Chain the Colombian Leviathan: for a State that Spends Less and Better

By Juan José Echavarría Soto (Medellín, 1951), special for La Silla Vacía. Echavarría was manager of the Banco de la República between 2017 and 2021. Before he was co-director of the Bank and director of Fedesarrollo. He is an engineer at the National University and has a PhD in economics from Oxford University. In his recent book The Narrow Corridor, Daron Acemoglu and James Robinson, awarded the Nobel Prize in Economics, argue that much of hum…