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This Selected Issues paper analyzes France's fiscal stance using a structural stochastic model. The theoretical model features a forward-looking benevolent government that needs to decide the optimal fiscal stance given the level of public debt, the cyclical position of the economy, and...
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Colombia's recovery is gaining momentum on the back of strong domestic demand, with a wider current account deficit. As … estimated to live in Colombia. Risks to global growth and financial stability are tilted to the downside and have increased … non-resident holdings of local-currency bonds, Colombia remains exposed to lower global growth, including indirectly …
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This paper on Colombia focuses on reforming energy pricing. Rising fiscal challenges in Colombia can risk derailing the …
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This 2019 Article IV Consultation discusses Colombia's economy that is improving drastically and is supported by very …
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channels. Despite various reforms in recent years, non-oil tax revenues in Colombia remain comparatively low. The Financing Law …
Persistent link: https://www.econbiz.de/10012011380
. Despite a large external shock, Colombia's economy showed remarkable resilience in 2015. The current account deficit reached a …. Growth will be subdued in the near future but is projected to gradually return toward potential. The FCL has served Colombia …
Persistent link: https://www.econbiz.de/10011675279