In 2015, Colombia signed the Paris Agreement, thus committing to reduce the exploration, exploitation, and consumption of fossil fuels such as…
Blog BanRep
Last modified
Friday the 12th of November, 2021
BanRep Blog: Labor Demand Responses to Payroll Taxes
Payroll taxes are a key tool for financing public goods and benefits for workers. However, they may also increase labor costs for formal employers…
BanRep Blog: Foreign Direct Investment in Non-Mining and Non-Oil Sectors
Foreign direct investment (FDI) not only plays a very important role as a source of external financing, but also allows for technology transfer,…
BanRep Blog: A Look Back at Inflation Management in the Centennial of Banco de la República
On 23 July 2023, Banco de la República (the Central Bank of Colombia) celebrated its 100th anniversary, having been…
BanRep Blog: Determinants of Post-Pandemic Inflation Outbreak
The COVID-19 pandemic led inflation in Colombia to fall below the 3.0% target, reaching its lowest level in history of 1.51% in March 2021.…
BanRep Blog: VAT exemption days in Colombia: How did Household Consumption respond?
The value added tax (VAT) exemption days policy has been used in the United States and in the European Union to encourage the consumption of goods…
