LEADER 06903oam 22017414 450 001 9910788404603321 005 20230828235738.0 010 $a1-4623-6293-1 010 $a1-4527-6428-X 010 $a1-283-51520-2 010 $a9786613827654 010 $a1-4519-0801-6 035 $a(CKB)3360000000443693 035 $a(EBL)3012559 035 $a(SSID)ssj0000948625 035 $a(PQKBManifestationID)11484552 035 $a(PQKBTitleCode)TC0000948625 035 $a(PQKBWorkID)10948855 035 $a(PQKB)11148647 035 $a(OCoLC)535146969 035 $a(MiAaPQ)EBC3012559 035 $a(IMF)WPIEE2006005 035 $a(EXLCZ)993360000000443693 100 $a20020129d2006 uf 0 101 0 $aeng 181 $ctxt 182 $cc 183 $acr 200 10$aSectoral Balance Sheet Mismatches and Macroeconomic Vulnerabilities in Colombia, 1996-2003 /$fJuan Manuel Lima, Johannes Wiegand, Enrique Montes, Carlos Varela 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (34 p.) 225 1 $aIMF Working Papers 300 $a"Revised: 1/23/06." 300 $a"January 2006." 311 $a1-4518-6265-2 320 $aIncludes bibliographical references (p. 23-24). 327 $a""Contents""; ""I. INTRODUCTION AND OVERVIEW""; ""II. A BRIEF REVIEW OF MACROECONOMIC DEVELOPMENTS SINCE THE EARLY 1990's""; ""III. THE DATA ""; ""IV. SECTORAL BALANCE SHEETS AND THEIR INTERACTIONS""; ""V. CONCLUSIONS""; ""References""; ""Appendix I: Balance Sheet Matrices for 1996, 1998, 1999, 2000, 2002, and 2003""; ""Appendix II: Aggregate Balance Sheet for the Corporate Sector, 1998, 2000, and 2003"" 330 3 $aWe employ an extended version of the Allen et al. (2002) Balance Sheet Approach to examine macroeconomic vulnerabilities in Colombia between 1996 and 2003, based on an unusually rich data set. We find that vulnerabilities existing prior to Colombia's 1999 recession-high levels of private debt, a large negative foreign currency position of the corporate sector, and banks' exposure to stretched households and companies-receded subsequently. New vulnerabilities emerged, however, especially the high level of public debt accumulated until end-2003, and growing exposure of the financial sector to the sovereign. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/005 606 $aFinancial statements$zColombia 606 $aFinance, Public$zColombia 606 $aBanks and banking$zColombia 606 $aDebts, Public$zColombia 606 $aAccounting$2imf 606 $aBanks and Banking$2imf 606 $aCorporate Finance$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aMacroeconomics and Monetary Economics: General$2imf 606 $aCurrent Account Adjustment$2imf 606 $aShort-term Capital Movements$2imf 606 $aInternational Monetary Arrangements and Institutions$2imf 606 $aInternational Lending and Debt Problems$2imf 606 $aInternational Financial Markets$2imf 606 $aEconomywide Country Studies: Latin America$2imf 606 $aCaribbean$2imf 606 $aPublic Administration$2imf 606 $aPublic Sector Accounting and Audits$2imf 606 $aPublic Enterprises$2imf 606 $aPublic-Private Enterprises$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aCorporate Finance and Governance: General$2imf 606 $aSocial Security and Public Pensions$2imf 606 $aFinancial reporting, financial statements$2imf 606 $aCivil service & public sector$2imf 606 $aBanking$2imf 606 $aPublic finance & taxation$2imf 606 $aOwnership & organization of enterprises$2imf 606 $aPensions$2imf 606 $aFinancial statements$2imf 606 $aPublic sector$2imf 606 $aPublic debt$2imf 606 $aCorporate sector$2imf 606 $aPublic financial management (PFM)$2imf 606 $aEconomic sectors$2imf 606 $aPension spending$2imf 606 $aExpenditure$2imf 606 $aFinance, Public$2imf 606 $aBanks and banking$2imf 606 $aDebts, Public$2imf 606 $aBusiness enterprises$2imf 607 $aColombia$xEconomic conditions$y1970- 607 $aColombia$xEconomic policy 607 $aColombia$2imf 615 0$aFinancial statements 615 0$aFinance, Public 615 0$aBanks and banking 615 0$aDebts, Public 615 7$aAccounting 615 7$aBanks and Banking 615 7$aCorporate Finance 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aMacroeconomics and Monetary Economics: General 615 7$aCurrent Account Adjustment 615 7$aShort-term Capital Movements 615 7$aInternational Monetary Arrangements and Institutions 615 7$aInternational Lending and Debt Problems 615 7$aInternational Financial Markets 615 7$aEconomywide Country Studies: Latin America 615 7$aCaribbean 615 7$aPublic Administration 615 7$aPublic Sector Accounting and Audits 615 7$aPublic Enterprises 615 7$aPublic-Private Enterprises 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aCorporate Finance and Governance: General 615 7$aSocial Security and Public Pensions 615 7$aFinancial reporting, financial statements 615 7$aCivil service & public sector 615 7$aBanking 615 7$aPublic finance & taxation 615 7$aOwnership & organization of enterprises 615 7$aPensions 615 7$aFinancial statements 615 7$aPublic sector 615 7$aPublic debt 615 7$aCorporate sector 615 7$aPublic financial management (PFM) 615 7$aEconomic sectors 615 7$aPension spending 615 7$aExpenditure 615 7$aFinance, Public 615 7$aBanks and banking 615 7$aDebts, Public 615 7$aBusiness enterprises 700 $aLima$b Juan Manuel$01574016 701 $aWiegand$b Johannes$0820400 701 $aMontes$b Enrique$01574017 701 $aVarela$b Carlos$01408764 712 02$aInternational Monetary Fund.$bResearch Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788404603321 996 $aSectoral Balance Sheet Mismatches and Macroeconomic Vulnerabilities in Colombia, 1996-2003$93850017 997 $aUNINA