Sectoral Balance Sheet Mismatches and Macroeconomic Vulnerabilities in Colombia, 1996-2003 / / Juan Manuel Lima, Johannes Wiegand, Enrique Montes, Carlos Varela

• Autore: Lima Juan Manuel
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (34 p.)
• Soggetto topico: Financial statements - Colombia; Finance, Public - Colombia; Banks and banking - Colombia; Debts, Public - Colombia; Accounting; Banking; Banks and Banking; Banks and banking; Banks; Business enterprises; Caribbean; Civil service & public sector; Corporate Finance and Governance: General; Corporate Finance; Corporate sector; Current Account Adjustment; Debt Management; Debt; Debts, Public; Depository Institutions; Economic sectors; Economywide Country Studies: Latin America; Expenditure; Finance, Public; Financial reporting, financial statements; Financial statements; International Financial Markets; International Lending and Debt Problems; International Monetary Arrangements and Institutions; Macroeconomics and Monetary Economics: General; Macroeconomics; Micro Finance Institutions; Mortgages; Ownership & organization of enterprises; Pension spending; Pensions; Public Administration; Public debt; Public Enterprises; Public finance & taxation; Public Finance; Public financial management (PFM); Public Sector Accounting and Audits; Public sector; Public-Private Enterprises; Short-term Capital Movements; Social Security and Public Pensions; Sovereign Debt
• Soggetto geografico: Colombia Economic conditions 1970-; Colombia Economic policy; Colombia
• Altri autori: MontesEnrique VarelaCarlos WiegandJohannes
• Note generali: "Revised: 1/23/06."; "January 2006."
• Nota di bibliografia: Includes bibliographical references (p. 23-24).
• Nota di contenuto: ""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""
• Sommario/riassunto: We 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.
• Titolo autorizzato: Sectoral Balance Sheet Mismatches and Macroeconomic Vulnerabilities in Colombia, 1996-2003
• ISBN: 1-4623-6293-1; 1-4527-6428-X; 1-283-51520-2; 9786613827654; 1-4519-0801-6
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910826091703321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2006/005