Blog BanRep

Tuesday, 29 March 2022

The beef market in 2021

In 2021, the price of beef grew about 31% and, as of February 2022, has seen an additional growth of more than 4.0%. As can be seen from Graph 1,…

Tuesday, 14 December 2021

Population Aging and the Costs of the Pension System

Population aging poses a serious challenge to the Colombian pension system. Graph 1, taken from the document…

Tuesday, 14 December 2021

Internationalization and Colombia's Foreign Trade: Diagnostic Coincidences

The Internationalization Mission convened by the National Government with the participation of renowned international…

Tuesday, 23 November 2021

The effects of Part-Time Social Security Contributions on the Colombian Labor Market

In 2014, Decree 2616 introduced a change in regulation that lowered payroll taxes for low-income, part-time workers in Colombia. The reform made…

Tuesday, 23 November 2021

Inflation expectations anchored to Banco de la República’s target

Inflation expectations correspond to what economic agents believe inflation will be in the future. This is a variable that is relevant to monetary…