This paper presents a simple method to quantify credit risk. The idea is to combine the CreditMetrics methodology with the Expected Shortfall risk measure. We apply this method for a stand-alone bond and a portfoMetrics ...

This paper investigates empirically the notion that enhanced levels of foreign trade as a result of the deregulation in international goods market would have spurred economic development and demonstrates that it is not ...

This paper highlights the Occidental Historiography’s develop in the last century, their projections in the present one and the way of how this science has been applied to the Colombian case, all of these because we have ...

This paper reviews the impact of Direct Foreign Investment-FDI on the main variables affecting competitiveness in the case of Colombia. Through interviews and oficial data this work enters into specific detail on how FDI ...

This paper expects to show how the impositive taxes reduction that have been given to Puerto Rico’s businessman and investors has not contributed with the economic growth, also expects to explain how this policy has not ...

Price policies are recognized as the single most effective measure for tobacco control. This study provides updated information for Colombia and a group of Latin American countries that were selected either because they ...

This article provides an overview of the current development of branchless banking in Colombia, within the context of the Government’s strategy to promote acces to financial services through non-bank correspondents (NBC). ...

This article inquires about which are the most controversial elements of the recently signed Economic Partnership Agreement between the European Union and Colombia. Therefore, this research describes the background of ...

This paper investigates empirically the notion that enhanced levels of foreign trade as a result of the deregulation in international goods market would have spurred economic development and demonstrates that it is not ...