Colombia : 2014 Article IV consultation, staff report, press release, and statement by the Executive Director for Colombia.
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| Imprint: | Washington, D.C. : International Monetary Fund, ©2014. |
|---|---|
| Description: | 1 online resource (73 pages) : color illustrations. |
| Language: | English |
| Series: | IMF country report ; no. 14/141 IMF country report ; no. 14/141. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12502910 |
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| 050 | 4 | |a HC59.15.I15 |b No. 14/141eb | |
| 245 | 0 | 0 | |a Colombia : |b 2014 Article IV consultation, staff report, press release, and statement by the Executive Director for Colombia. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, |c ©2014. | ||
| 300 | |a 1 online resource (73 pages) : |b color illustrations. | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF country report ; |v no. 14/141 | |
| 588 | 0 | |a Online resource; title from pdf title page (IMF Web site, viewed June 2, 2014). | |
| 500 | |a "May 2014." | ||
| 500 | |a "May 2, 2014"--Page 2 of pdf. | ||
| 520 | |a "Colombia's economic performance has been robust, underpinned by a very strong policy framework. Last year, real GDP grew by 4.3 percent, with low inflation. The country has a strong external position; the financial system is sound; and fiscal policy remains guided by a structural fiscal balance rule. The authorities intend to undertake an ambitious infrastructure program to be executed through public-private partnerships. Outlook and risks. Real GDP growth is projected to converge to potential (about 4 1/2 percent) in 2014, with inflation remaining within the 2-4 percent target range. The medium-term outlook is favorable, but risks are tilted to the downside. Colombia's important and growing ties with the global economy expose the economy to external risks. The most important sources of risk are a decline in oil prices, a deterioration in global financial conditions, and volatility from the normalization of monetary policy in the U.S. Near-term policy mix. The current policy mix is broadly adequate. As the ongoing economic recovery takes hold, monetary and fiscal policies are expected to shift to a more neutral stance. Colombia continues to rely on a flexible exchange rate to absorb external shocks. The authorities are also taking advantage of abundant foreign inflows, primarily foreign direct investment, to strengthen their international reserve buffer. Medium-term challenges. Colombia's key challenge is to sustain strong and inclusive growth with macroeconomic stability. To this purpose, it will be important to: (i) adhere to the fiscal consolidation plan, supporting it with revenue mobilization; (ii) address the infrastructure gap, without increasing fiscal risks; (iii) enhance the social security system by increasing coverage and improving equity, and containing health care costs; (iv) address remaining weaknesses in financial sector supervision; and (v) foster financial inclusion"--Abstract. | ||
| 505 | 0 | |a Cover; CONTENTS; BACKGROUND; RECENT DEVELOPMENTS; OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Near-Term Policy Stance; B. Preserving Fiscal Sustainability; C. Enhancing the Social Security System; D. Preserving External Stability; E. Maintaining Financial Stability; F. Fostering Inclusive Growth; OTHER ISSUES; STAFF APPRAISAL; BOXES; 1. Foreign Exchange, Bond and Equity Market Developments Since Mid-2013; 2. Savings and Investment in Colombia; 3. Spillover Effects of the Normalization of Monetary Policy in the U.S.; 4. Colombia's Fiscal Rule and Implementation in the Context of Resource Wealth. | |
| 505 | 8 | |a 5. The Recent Performance of Colombia's Manufacturing Sector6. Colombia's International Reserve Adequacy; 7. Colombia's Domestic Capital Market; 8. Informality in Colombia; 9. Financial Inclusion in Colombia; FIGURES; 1. Recent Economic and Financial Developments; 2. Macroeconomic Policies; 3. External Sector Developments; 4. Financial Soundness Indicators: Colombia and Other Emerging Markets; 5. Reserve Coverage in an International Perspective; 6. Social Indicators; TABLES; 1. Selected Economic and Financial Indicators; 2. Summary Balance of Payments; 3A. Operations of the Central Government. | |
| 505 | 8 | |a 3B. Operations of the Central Government4A. Operations of the Combined Public Sector; 4B. Operations of the Combined Public Sector; 5. Monetary Indicators; 6. Medium-Term Outlook; 7. Financial Soundness Indicators; 8. Public Sector Debt Sustainability Analysis (DSA) -- Baseline Scenario; 7. Colombia Public DSA -- Composition of Public Debt and Alternative Scenarios; 9. External Debt Sustainability Framework, 2010-2019; 8. External Debt Sustainability: Bound Tests; CONTENTS; FUND RELATIONS; WORLD BANK RELATIONS; INTER-AMERICAN DEVELOPMENT BANK RELATIONS; STATISTICAL ISSUES. | |
| 505 | 8 | |a A. Assessment of Data Adequacy for SurveillanceB. Data Standards and Quality; C. Reporting to STA (optional) | |
| 610 | 2 | 0 | |a International Monetary Fund |z Colombia. |
| 610 | 2 | 7 | |a International Monetary Fund. |2 fast |0 (OCoLC)fst00556666 |
| 650 | 0 | |a Economic development |z Colombia. | |
| 651 | 0 | |a Colombia |x Economic policy. | |
| 650 | 0 | |a Economic indicators |z Colombia. | |
| 650 | 6 | |a Développement économique |z Colombie. | |
| 650 | 6 | |a Indicateurs économiques |z Colombie. | |
| 650 | 7 | |a Economic development. |2 fast |0 (OCoLC)fst00901785 | |
| 650 | 7 | |a Economic indicators. |2 fast |0 (OCoLC)fst00901996 | |
| 650 | 7 | |a Economic policy. |2 fast |0 (OCoLC)fst00902025 | |
| 651 | 7 | |a Colombia. |2 fast |0 (OCoLC)fst01205916 | |
| 655 | 0 | |a Electronic books. | |
| 655 | 4 | |a Electronic books. | |
| 710 | 2 | |a International Monetary Fund. |0 http://id.loc.gov/authorities/names/n81052755 | |
| 776 | 0 | 8 | |i Print version: |t Colombia : 2014 article iv consultation-staff report; press release; and statement by the executive director for Colombia. |d Washington, District of Columbia : International Monetary Fund, ©2014 |h approximately 74 pages |k IMF Country Report ; Number 14/141 |z 9781498395144 |
| 830 | 0 | |a IMF country report ; |v no. 14/141. |0 http://id.loc.gov/authorities/names/no2001029774 | |
| 856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/002/2014/141/002.2014.issue-141-en.xml |y INTERNATIONAL MONETARY FUND |
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| 928 | |t Library of Congress classification |a HC59.15.I15No. 14/141eb |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/002/2014/141/002.2014.issue-141-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12147197 | ||