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…

Internationalization and Colombia's Foreign Trade: Diagnostic Coincidences

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

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…

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…

Climate Shocks and their Effects on Colombia's Agricultural Sector

Scientific evidence has shown that extreme weather events, including excessive precipitation and droughts, are becoming…