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Colombia: Selected Issues Paper

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  • International Monetary Fund

Abstract

This Selected Issues paper analyzes spillover risks for Colombia. It highlights that external shocks could spill over to the Colombian economy through the country’s important and growing trade and financial linkages with the rest of the world. Colombia would be most exposed to a decline in oil prices, which could have a sizable adverse impact on the balance of payments, the fiscal accounts and growth. Growth shocks in key trading partners could also have a negative impact, particularly in the United States, which is Colombia’s main trading partner. Colombia’s fiscal rule and adjustment in the context of resource wealth is also analyzed.

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  • International Monetary Fund, 2014. "Colombia: Selected Issues Paper," IMF Staff Country Reports 2014/167, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2014/167
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    References listed on IDEAS

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    1. International Monetary Fund, 2013. "Nicaragua: Staff Report for the 2013 Article IV Consultation," IMF Staff Country Reports 2013/377, International Monetary Fund.
    2. Ricardo N. Bebczuk, 2008. "Financial Inclusion in Latin America and the Caribbean: Review and Lessons," CEDLAS, Working Papers 0068, CEDLAS, Universidad Nacional de La Plata.
    3. Rekha Reddy & Miriam Bruhn & Congyan Tan, 2013. "Financial Capability in Colombia [Capacidades financieras en Colombia : resultados de la encuesta nacional sobre comportamientos, actitudes y conocimientos financieros]," World Bank Publications - Reports 23692, The World Bank Group.
    4. Demirguc-Kunt, Asli & Klapper, Leora, 2012. "Measuring financial inclusion : the Global Findex Database," Policy Research Working Paper Series 6025, The World Bank.
    5. International Monetary Fund, 2013. "Mexico: Staff Report for the 2013 Article IV Consultation," IMF Staff Country Reports 2013/334, International Monetary Fund.
    6. Rekha Reddy & Miriam Bruhn & Congyan Tan, 2013. "Financial Capability in Mexico : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge [Capacidades financieras en México : resultados de la encuesta nacional sobre compor," World Bank Publications - Reports 16756, The World Bank Group.
    7. World Bank, 2014. "Global Financial Development Report 2014 : Financial Inclusion," World Bank Publications - Books, The World Bank Group, number 16238.
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    Cited by:

    1. International Monetary Fund, 2015. "Colombia: Selected Issues Paper," IMF Staff Country Reports 2015/143, International Monetary Fund.

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