Foreign Investment and Construction of Railroads in Colombia: The Panama Railroad Co., Case (1850-1869)

Estudios Gerenciales, Vol. 115, No. 26, pp. 143-163, 2010

20 Pages Posted: 14 Mar 2011 Last revised: 23 Jun 2015

See all articles by Juan Santiago Correa

Juan Santiago Correa

Colegio de Estudios Superiores de Administración-CESA

Date Written: March 11, 2011

Abstract

In the mid-nineteenth century was an evidence of the processes of successful foreign investment in Latin America and particularly in Colombia, at least from the perspective of foreign investors: the construction and operation of the Panama Railroad Co. However, unlike other experiments in which the railroads became articulators of regional or national markets and, perhaps most important, in a tangible way to make the concept of nation, this did not happen in Colombia. In addition to the late and disjointed transport system, the Panama Railroad Co., became one of the elements that would eventually help sustain a serious challenge on Colombian sovereignty over Panama.

Keywords: Railways Colombia, Foreign Investment, Migration, Transport Monopolies

JEL Classification: N16, N36, N76, F21, F22

Suggested Citation

Correa, Juan Santiago, Foreign Investment and Construction of Railroads in Colombia: The Panama Railroad Co., Case (1850-1869) (March 11, 2011). Estudios Gerenciales, Vol. 115, No. 26, pp. 143-163, 2010, Available at SSRN: https://ssrn.com/abstract=1783871

Juan Santiago Correa (Contact Author)

Colegio de Estudios Superiores de Administración-CESA ( email )

Calle 35 No. 6-16
Bogota
Colombia

HOME PAGE: http://www.cesa.edu.co

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