Colombia: Selected Issues and Statistical Appendix

International Monetary Fund

No 1999/006, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix analyzes economic developments in Colombia during 1996–99. Output growth slowed sharply in 1996 and early 1997, but subsequently rebounded owing to stronger exports, a temporary boom in world coffee prices, and an easing of credit policy. Despite efforts at addressing the fiscal imbalances, the nonfinancial public sector deficit widened further to more than 4 percent of GDP in 1997. Monetary policy during 1996 and most of 1997 was geared toward stimulating domestic demand.

Keywords: ISCR; CR; Colombia; inflation uncertainty; potential GDP; customs; GDP ratio; homicide rate; drug income; potential GDP growth; deposit requirement; Pension spending; Inflation; Public sector; Customs administration core functions; Fiscal stance; Global; Caribbean (search for similar items in EconPapers)
Pages: 133
Date: 1999-03-01
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