Publications

(Bogotá D.C., Cundinamarca)

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The Colombian financial system has not suffered major structural disruptions during these months of deep economic contraction and has continued to carry out its basic functions as usual, thus facilitating the economy's response to extreme conditions. This is the result of the soundness of…

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

This report concludes my mission in the Banco de la República de Colombia (BR). This mission took place in Bogotá on December 9-13, 2019.  It had three main objectives:

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The opinions expressed in this document are those of the authors and do not necessarily reflect the views of Banco de la República or its Board of Directors..

(Bogotá D.C., Cundinamarca)

The Colombian pension system is composed mainly of two alternative schemes: a public pay-as-you-go (PAYG) system administered by Colpensiones, and an individual savings system, which includes several private managers. There are also special regimes, some fully in force and others gradually…