Tax authorities in both advanced and emerging economies have resorted to tax wealth as a tool to increase tax revenues, replace other taxes,…
Blog BanRep
In each publication you will find easy-to-read articles related to the Colombian and global economy, and to the management of Banco de la República (the Central Bank of Colombia).
Blog BanRep: Potential Drivers of Private Consumption
The Colombian economy has been increasing its growth pace over the past quarters in response to the strengthening of domestic demand, which…
Blog BanRep: How have Hard-Discount Stores transformed local Economies?
Hard-discount stores are a retail innovation that has brought significant changes to Colombia’s commercial landscape. Operating under well-known…
Blog BanRep: Long-term effects of the Familias en Acción (Families in Action) program in Colombia
A recent research paper by Carlos Medina and Christian Posso, senior economists at Banco de la República (the Central Bank of Colombia),…
Blog BanRep: Effective Tax Rates in Colombia
The Colombian tax system contains multiple reliefs and discounts and simultaneously supports a high degree of evasion. This implies that the…






















