Blog BanRep

Blog BanRep: Cash and Electronic Payments During the Pandemic

The COVID-19 pandemic significantly altered the way merchants do business.  Preventive confinement, health restrictions and fear of contagion…

Blog BanRep: 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…

Blog BanRep: Internationalization and Colombia's Foreign Trade: Diagnostic Coincidences

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

Blog BanRep: 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…

Blog BanRep: 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…