The Economic Perspective of Colombia in 2023

The world economy is going through a complex moment, which may lead to an economic recession accompanied by high and long-lasting inflation,  with repercussions for economic activity in general terms. To contain  inflation in all countries, including Colombia, central banks have us...

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Autores:
Tipo de recurso:
http://purl.org/coar/resource_type/c_6833
Fecha de publicación:
2023
Institución:
Universidad Pedagógica y Tecnológica de Colombia
Repositorio:
RiUPTC: Repositorio Institucional UPTC
Idioma:
spa
eng
OAI Identifier:
oai:repositorio.uptc.edu.co:001/12091
Acceso en línea:
https://revistas.uptc.edu.co/index.php/cenes/article/view/15791
https://repositorio.uptc.edu.co/handle/001/12091
Palabra clave:
economic growth
inflation
employement
external sector
crecimiento económico
inflación
empleo
sector externo
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Copyright (c) 2023 Luis Eudoro Vallejo Zamudio
Description
Summary:The world economy is going through a complex moment, which may lead to an economic recession accompanied by high and long-lasting inflation,  with repercussions for economic activity in general terms. To contain  inflation in all countries, including Colombia, central banks have used a contractionary monetary policy. In the case of the United States, the Federal Reserve has been increasing interest rates, which has allowed the strengthening of the dollar against the euro and other currencies of developed countries, and some currencies of developing countries such as Colombia. This situation has allowed financial investors to prefer to demand more dollars because it provides them with higher profitability.