Abstract
Bogotá, Colombia
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In Colombia, the National Development Banks (NDBs) are organized as a system of four (initially five) specialized institutions. This system was adopted during the market reforms of the early 1990s, which eliminated the development functions of the central bank, liberalized the financial sector…
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The evolution of the Colombian economy during the first half of 2018 shows that the process of adjustment to the shocks of the last few years has consolidated simultaneously with an upturn in economic activity and improvement in consumer and entrepreneur confidence. The recent recovery has taken…
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During the second quarter of 2018, inflation and inflation expectations, as well as several of the core inflation indicators, tended to stabilize and stood close to the 3.0% target. In that period, the economy´s growth could have been low, although improving, with a spare capacity that would…
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In the first quarter of 2018, inflation and core inflation fell more than projected and accelerated their convergence to the 3.0% target. In March 2018, the annual variation of the CPI and the average of core inflation indicators stood at 3.14% and 3.64%, respectively. These figures were close…
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In compliance with Article 5, Act of Congress 31/1992, the Board of Directors of Banco de la República hereby submits to the Congress of the Republic of Colombia a report on the macroeconomic results for 2017 and the outlook for 2018 for its consideration. The last two chapters report on the…
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The Board of Directors of the Central Bank of Colombia, as established in Article 5° of Act 31 of 1992, submitted its second report of the year to the Congress of Colombia. The report analyzes the international economic environment, the performance of the Colombian economy so far in 2017, and…
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Essays on Economic Policy (ESPE in Spanish) - Political Transfer Cycles rom the Centre to the States
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The analysis of credit institutions between August 2016 and February 2017 showed a lower real growth of the loan portfolio, mainly explained by commercial loan-portfolio dynamics. The quality and non-performing loan indexes…
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The Board of Directors of the Central Bank of Colombia submitted its first report of the year to the Congress of Colombia. The report analyzes the international economic environment, the performance of the Colombian economy in 2016, and the outlook for this year. In this context, the monetary…
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