Reaction of the Colombian state to the financial crisis generated by the pandemic in 2020
This research refers to the issue of the financial crisis that was experienced in Colombia due to COVID-19, starting from the point of the crises presented in previous times such as the great depression of the 1930s with the stock market crash of values, which affected the economy at that time and w...
- Autores:
-
Triana Amaya, Nelson Camilo
- Tipo de recurso:
- Trabajo de grado de pregrado
- Fecha de publicación:
- 2021
- Institución:
- Universidad Militar Nueva Granada
- Repositorio:
- Repositorio UMNG
- Idioma:
- spa
- OAI Identifier:
- oai:repository.umng.edu.co:10654/40163
- Acceso en línea:
- https://hdl.handle.net/10654/40163
- Palabra clave:
- CRISIS ECONOMICA
COVID-19 (ENFERMEDAD)
EPIDEMIAS
Pandemic
measures
monetary policy
financial relief
stabilization
Pandemia
Medidas
Politica Monetaria
Alivio financiero
Estabilizacion
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/
| Summary: | This research refers to the issue of the financial crisis that was experienced in Colombia due to COVID-19, starting from the point of the crises presented in previous times such as the great depression of the 1930s with the stock market crash of values, which affected the economy at that time and was a great benchmark for comparison with the pandemic of 2020, taking into account that the consequences of the events were the same. The measures implemented by the Bank of the Republic will be addressed to correct this problem in order not to let the economic system decline, which are: the first is to guarantee the stability of the markets, the second is to protect the payment system, with a technological alternative available to people and finally preserve the supply of credit. It will be explained in more detail how these initiatives of the Bank of the Republic arose, emphasizing how these measures had been handled previously and how it was changed and how it was useful for citizens or companies affected by COVID-19. Also to take into account something very important that was carried out to deal with in this writing is the measure implemented by the government such as "financial relief" that as a result of the circumstances that we live in 2020, many people who had Different loans such as free investment loans, credit cards, vehicle loans, among other banking products, were unable to remedy their debts since many of them lost their economic stability and became delinquent with the banking entities. |
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