This paper highlights that central banks from Brazil, Chile, Colombia, Mexico, and Peru (the LA5 countries) reaped the … the objective of price stability. Thus, when the 2007 - 08 supply shock and the financial crisis hit the world, the LA5 …

This paper discusses an arrangement under the Flexible Credit Line (FCL) for Colombia. Colombia is well placed to … authorities intend to treat as precautionary, would support Colombia’s policy framework and strategy, while reducing the … likelihood of balance of payments pressures stemming from a change in investor sentiment. IMF staff believes that Colombia fully …

This report focuses on Colombia’s economic policy framework and the policy response to the global crisis. In recent … years, Colombia’s policies strengthened a strong macroeconomic performance, which helped in achieving higher tax revenues … and restraint on current spending. Colombia was not affected too severely by the global crisis. The impact of the crisis …

The key findings of Colombia’s 2010 Article IV Consultation on economic developments and policies are presented. The …

This Selected Issues paper on Colombia shows that achieving investment grade status would help lower financing costs … for the sovereign, and expand the pool of potential buyers of the Colombian economy. Colombia’s debt levels as of end-2008 …

unemployment and poverty. The authorities have begun to address the risk of overheating, although demand policies may need to be …

In recent years, Colombia has found several innovative ways to improve the efficiency of its public enterprise sector …. One option used by Colombia to reform public enterprises has been to enhance their commercial orientation and limit the …