The general view of this document makes reference to the moment of development model and economic policy about determination of the country course of growth. The effects of growth are dependent on the nature of permanent or transient shock, and on certain economy conditions: the relative intensities in capital of productive sectors, the degree of investment mobility and restrains, factorial endowment, among many other variables. In dealing with Colombia, an analysis of economic growth dynamics is completed, both at short-and-log-term of macroeconomic performance and the influence of economic policy instability during the last few years. The effects of economic policy on output and employment in Colombia during the last decade are shown.
