This blog post shares the story behind our recent working paper on how Colombia’s unique Gross Leverage Position in foreign exchange derivatives helped prevent a housing bubble from bursting and what emerging economies can learn from it.

Housing prices are among the most crucial determinants of a country’s financial and macroeconomic stability. As a key macroeconomic indicator, they significantly influence both consumption and investment, shaping economic and financial cycles. Given that housing represents a substantial share of household wealth, price fluctuations have far-reaching effects on consumption, savings, and labor market decisions.

Instant Payments: The Present and Future of Payments in Latin America and the Caribbean

We are pleased to share with you the re-run of the session ‘Monetary Policy in Sudden Stop-Prone Economies’ by FLAR at the LACEA – LAMES 2023 annual meeting.

New Working Paper | Banks’ Leverage in Foreign Exchange Derivatives in Times of Crises: A Tale of Two Countries

On October 27, the XXXVI Conference of Central Banks and Official Institutions was held in Cartagena de Indias. In its 36 editions, this is the first to propose a hybrid format for its sessions.

Official Announcement | XXXVI Conference of Central Banks and Official Institutions is coming up!

On August 12, the XVII Annual Conference of Economic Studies: Monetary Policy and Post-Covid Fiscal Rules will be held in Cartagena de Indias, Colombia. Event organized by FLAR in conjunction with the Development Bank of Latin America

FLAR Talks | The dollar debt of companies in Latin America: the warning signs

FLARblog | Regional perspectives on the economic impact of a double shock: Asia, Europe, Latin America