Colombia’s economy expanded by 2.7% in 2018, gaining momentum after a period of deceleration in which the annual growth rate fell from 4.7% in 2014 to 1.4% in 2017. While growth was still below potential (estimated around 3.3%), the uptick in 2018 suggests the groundwork for Colombia’s economic…
Esguerra-Umaña, María del Pilar
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This edition of the Governor’s Report presents an assessment of the country’s economic situation and its prospects. We argue that the Colombian economy remains stable despite strong international shocks and the recent crises in countries like Argentina and Turkey. However, the country…
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This paper provides an empirical analysis of Colombian integration with East Asia using a Computable General Equilibrium (CGE) model, in which we assess the effects of several trade liberalization scenarios on trade flows and welfare.The results show that there is an important potential for the…
