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Colombia; 2012 Article IV Consultation


  • International Monetary Fund


Colombia’s economy has been resilient to the adverse global shocks of recent years. Inflation has been subdued, credit growth has eased, and financial soundness indicators are strong. The strong balance of payments continues to put upward pressure on the Colombian peso. In 2013, growth is expected to rise and inflation to remain on target. Short-term risks to the outlook continue to be tilted to the downside. The central bank’s intervention policy is geared at containing exchange rate volatility and strengthening external buffers.

Suggested Citation

  • International Monetary Fund, 2013. "Colombia; 2012 Article IV Consultation," IMF Staff Country Reports 13/35, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:13/35

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    References listed on IDEAS

    1. Richard E. Baldwin, 2011. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocks on the Path to Global Free Trade," Chapters,in: International Handbook on the Economics of Integration, Volume I, chapter 2 Edward Elgar Publishing.
    2. Kimberly Beaton & Aliona Cebotari & Andras Komaromi, 2017. "Revisiting the Link between Trade, Growth and Inequality; Lessons for Latin America and the Caribbean," IMF Working Papers 17/46, International Monetary Fund.
    3. Baumann, Renato, 2010. "Regional trade and growth in Asia and Latin America: the importance of productive complementarity," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 16 edited by CEPAL, Oficina de Brasília, December.
    4. David Dollar & Aart Kraay, 2004. "Trade, Growth, and Poverty," Economic Journal, Royal Economic Society, vol. 114(493), pages 22-49, February.
    5. Suprabha Baniya, 2017. "Effects of Timeliness on the Trade Pattern between Primary and Processed Goods," IMF Working Papers 17/44, International Monetary Fund.
    6. Baier, Scott L. & Bergstrand, Jeffrey H., 2007. "Do free trade agreements actually increase members' international trade?," Journal of International Economics, Elsevier, vol. 71(1), pages 72-95, March.
    7. Xiaodan Ding & Metodij Hadzi-Vaskov, 2017. "Composition of Trade in Latin America and the Caribbean," IMF Working Papers 17/42, International Monetary Fund.
    8. Augusto de la Torre & Tatiana Didier & Alain Ize & Daniel Lederman & Sergio L. Schmukler, 2015. "Latin America and the Rising South," World Bank Publications, The World Bank, number 21869, June.
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    Cited by:

    1. World Bank, 2015. "Republic of Yemen," World Bank Other Operational Studies 23660, The World Bank.
    2. Kumhof, Michael & Yan, Isabel, 2016. "Balance-of-payments anti-crises," Journal of Macroeconomics, Elsevier, vol. 48(C), pages 186-202.
    3. Fritsch, Jorik & Poudineh, Rahmatallah, 2016. "Gas-to-power market and investment incentive for enhancing generation capacity: An analysis of Ghana's electricity sector," Energy Policy, Elsevier, vol. 92(C), pages 92-101.
    4. Tambunlertchai, Kanittha, 2015. "Financial Inclusion, Financial Regulation, and Financial Education in Thailand," ADBI Working Papers 537, Asian Development Bank Institute.


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