Colombia has witnessed a renewed interest in merging and acquiring financial institutions during 2003-2005. These have been “complementary mergers” that seek to exploit economies scale and scope. This process contrasts favorably with those mergers & acquisitions that occurred during the...

Resumen. El objetivo de este trabajo es evaluar los instrumentos de la Ley de Cine, cinco años después de su entrada en vigencia, con el fin de dar recomendaciones de política tendientes a optimizar el funcionamiento de sus herramientas para la buena operación del sector. El estudio evaluó...

La primera analiza la sostenibilidad del Seguro Previsional desde un punto de vista económico, con los objetivos principales de evaluar el funcionamiento del ramo, identificar los riesgos y costos que lo afectan, y cuantificar los efectos de los mismos. La segunda parte estudia a profundidad,...

En este trabajo se llevó a cabo una evaluación de la factibilidad de negociar un Tratado de Libre Comercio entre Colombia y La República de Corea. En el trabajo se destacan las ventajas que tiene Colombia en la región para convertirse en un socio atractivo para Corea; se arrojan luces sobre...

This study examines the fiscal impact of the pension reform adopted in Colombia in 1993, which established a fully funded, privately administered pension system alongside the existing pay-as-you-go state scheme. The reform increased the contribution rate and reduced the benefits of the state...

This paper analyzes the economic rationale for adopting parametric pension reforms and reforms broadening the coverage of public health care in Colombia during 1993-2008. Parametric pension reforms have focused on increasing the retirement age and moderating replacement rates. The health system...

This survey describes the timing and main macroeconomic results of the ambitious structural reforms adopted by Chile in the middle and late 1970s and by Colombia almost a decade later in the late 1980s and early 1990s. These reforms have enabled both countries to maintain vigorous real growth...

This paper focuses on monetary and exchange rate policies in Colombia, with particular emphasis on the period 1999-2002, when flotation of the peso and inflation targeting were adopted. We argue, first, in favor of adopting ""operational inflation target ranges"" and, second, in favor of...