Colombia : 2011 Article IV consultation : staff report, public information notice on the Executive Board discussion, and statement by the Executive Director for Colombia /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2011.
Description:1 online resource (64 pages)
Language:English
Series:IMF country report ; no. 11/224
IMF country report ; no. 11/224.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499460
Hidden Bibliographic Details
Varying Form of Title:Colombia, 2011 Article IV consultation
Other authors / contributors:International Monetary Fund. Western Hemisphere Department.
ISBN:9781462357703
1462357709
Notes:"July 2011."
Online resource; title from PDF title page (IMF Web site, viewed October 11, 2011).
Summary:The Colombian economy proved resilient to the global financial crisis, and a solid recovery is under way. The pace of monetary tightening envisaged strikes the right balance between restraining credit growth and mitigating incentives for further capital inflows. A sudden acceleration of domestic demand places an additional burden on monetary policy. Colombia's financial sector oversight is solid, and plans to strengthen cross-border and consolidated supervision are commended. Steep taxation of labor and a relatively high minimum wage are significant hindrances to competitiveness. Colombia's ex.

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260 |a Washington, D.C. :  |b International Monetary Fund,  |c ©2011. 
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588 0 |a Online resource; title from PDF title page (IMF Web site, viewed October 11, 2011). 
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520 |a The Colombian economy proved resilient to the global financial crisis, and a solid recovery is under way. The pace of monetary tightening envisaged strikes the right balance between restraining credit growth and mitigating incentives for further capital inflows. A sudden acceleration of domestic demand places an additional burden on monetary policy. Colombia's financial sector oversight is solid, and plans to strengthen cross-border and consolidated supervision are commended. Steep taxation of labor and a relatively high minimum wage are significant hindrances to competitiveness. Colombia's ex. 
505 0 |a Cover; CONTENTS; BACKGROUND; RECENT DEVELOPMENTS; OUTLOOK; BOXES; 1. Capital Inflows to Colombia; 2. Colombia's Foreign Exchange (FX) Intervention in the Latin American Context; 3. Labor Market Issues and Challenges; FIGURES; 1. Recent Economic Developments; 2. Labor Market Developments and Challenges; 3. Financial Markets Developments; 4. Financial Soundness Indicators: Colombia and Other Emerging Markets; 5. External Sector Developments; POLICY DISCUSSIONS; A. Near-Term Policy Stance; 4. Macroprudential Policies; B. Strengthening the Medium-Term Fiscal Framework. 
505 8 |a C. Monetary, Exchange Rate, and Reserve Management Policies6. Reserve Coverage in International Perspective; 5. Exchange Rate Assessment; D. Financial Sector Oversight; E. Improving Labor Market Performance; STAFF APPRAISAL; TABLES; 1. Selected Economic and Financial Indicators; 2. Summary Balance of Payments; 3a. Operations of the Central Government; 3b. Operations of the Central Government; 4a. Operations of the Combined Public Sector; 4b. Operations of the Combined Public Sector; 5. Monetary Indicators; 6. Financial Soundness Indicators Total Banking System; 7. Medium-Term Outlook. 
505 8 |a 8. External Debt Sustainability Framework, 2006-20167. External Debt Sustainability: Bound Tests; 9. Public Sector Debt Sustainability Framework, 2006-2016; 8. Public Debt Sustainability: Bound Tests; CONTENTS; ANNEX I. COLOMBIA: FUND RELATIONS; ANNEX II. COLOMBIA: WORLD BANK RELATIONS; ANNEX III. COLOMBIA: INTER-AMERICAN DEVELOPMENT BANK RELATIONS; ANNEX IV. COLOMBIA: STATISTICAL ISSUES. 
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