Relevant bibliographies by topics / Oil crises

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'Oil crises'

Author: Grafiati
Published: 4 June 2021
Last updated: 25 April 2022

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Journal articles on the topic "Oil crises"

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Rahi, Mohamed Ghali, and Sadiq Toma Rahi Faraj. "The Impact of Financial Crisis in Iraq on Iraqi Banking Performance: Analytical Study." Webology 19, no. 1 (2022): 2397–413. http://dx.doi.org/10.14704/web/v19i1/web19162.

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Financial crises are factors and indicators reflected in banking performance in general, and it is known that the Iraqi economy is a rent economy with distinction. It is undoubtedly suffering from the financial crises associated with the world oil market, meager prices, as 98% of Iraq's budget revenues depend on oil revenues. This research Aims to Find out the reflection of the financial crises on the Iraqi banking performance (2008-2019). It studied the causes of the financial crisis in Iraq and provoked the financial crisis on the performance of the Iraqi banking system and to know the effec
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Obeng-Odoom, Franklin. "Oil, capitalism, and crises." Energy Research & Social Science 6 (March 2015): 155–60. http://dx.doi.org/10.1016/j.erss.2014.11.003.

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Lawal, Nurudeen Adeshina. "Oil Wealth, Corruption, and the Multiple F(Ph)aces of Internal Colonialism in Ahmed Yerima’s Hard Ground." Anafora 7, no. 1 (2020): 165–88. http://dx.doi.org/10.29162/anafora.v7i1.8.

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This paper explores Ahmed Yerima’s play Hard Ground (2011) to show how Yerima employs dramatic elements to interrogate manifestations of corruption and internal colonialism engendered by violent struggles for oil wealth in the Niger Delta region. Some scholars from the Niger Delta region have alleged that Yerima’s Hard Ground falls short of being a “realistic” portrayal of the oil crisis in the Niger Delta. Their claim suggests that the play is an exercise in the service of the establishment. However, this study contends that Yerima’s representations of corruption and internal colonialism in t
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Berrie, Tom. "Middle East oil crises since 1973." Energy Policy 15, no. 4 (1987): 393–94. http://dx.doi.org/10.1016/0301-4215(87)90035-8.

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Komail Tayebi, Seyed, and Mehdi Yazdani. "Financial crisis, oil shock and trade in Asia." Journal of Economic Studies 41, no. 4 (2014): 601–14. http://dx.doi.org/10.1108/jes-04-2011-0053.

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Purpose – In this paper the authors address the questions whether global financial crises cause oil shocks worldwide, then whether such shocks affect trade flows of both oil importing and oil exporting countries of East-West Asia. The purpose of this paper is thus to explore such effects by specifying basically a dynamic export model using data of the Asian economies countries over the period 1980-2008. Design/methodology/approach – An ARDL specification is applied to show the dynamic effects of main determinants, including financial crisis and the world oil price, on the export flows of each
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Ding, Chen, Umar Muhammad Gummi, Shan-bing Lu, and Asiya Muazu. "Modelling the impact of oil price fluctuations on food price in high and low-income oil exporting countries." Agricultural Economics (Zemědělská ekonomika) 66, No. 10 (2020): 458–68. http://dx.doi.org/10.17221/197/2020-agricecon.

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Oil exporting economies were the most hit by the recent oil price shock that spills on the food market in an increasingly volatile macroeconomic environment. This paper examines and compares sub-samples [before crisis <br />(2000 Q1–2013 Q1) and during crisis (2013 Q2–2019 Q4)] as to the impact of oil price on food prices in high- and low-income oil-exporting countries. We found an inverse relationship between oil and food prices in the long run based on full samples and sub-samples in high-income countries. The story is different during the crisis period: in low-income countries and all
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Azefor, Michael N. A. "Investing in health: value for money—with special reference to West Africa." Journal of Biosocial Science 21, S10 (1989): 5–11. http://dx.doi.org/10.1017/s0021932000025232.

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Recent economic crises have severely affected national and international efforts to reduce the high morbidity and mortality in developing countries. The repercussions of these crises are manifest in declining living standards, increasing poverty, malnutrition, ill health and death. Depressed commodity prices, the oil crisis of the late 1970s, and the ensuing balance of payment problems have weakened most governments' efforts to halt and eventually reverse the economic decline. In sub-Saharan Africa the effects of these crises have combined with an ever-increasing population to render ineffecti
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Chow, Edward H. "Oil crises and sovereign debt's private financingedward." International Review of Economics & Finance 7, no. 4 (1998): 437–52. http://dx.doi.org/10.1016/s1059-0560(98)90031-4.

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Natanelov, Valeri, Manoj Dora, Xavier Gellynck, and Guido Van Huylenbroeck. "Crises, crude oil and BRIC stock markets." International Journal of Business and Emerging Markets 5, no. 4 (2013): 304. http://dx.doi.org/10.1504/ijbem.2013.056712.

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Lynch, Michael C. "Oil scarcity, Oil crises, and alternative energies — don't be fooled again." Applied Energy 64, no. 1-4 (1999): 31–53. http://dx.doi.org/10.1016/s0306-2619(99)00123-3.

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Dissertations / Theses on the topic "Oil crises"

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Ribeiro, Mauricio Carlos Araújo. "May oil never ter us apart: how political institutions shape federative crises on oil revenues." reponame:Repositório Institucional do FGV, 2016. http://hdl.handle.net/10438/20165.

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Gkanoutas-Leventis, Angelos. "The transformation of the oil market : a study of financialisation through crises." Thesis, City University London, 2013. http://openaccess.city.ac.uk/2994/.

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The aim of this thesis is to explain the dynamics behind the increased level of price volatility and speculation in the oil market over the past three decades. In contrast to mainstream accounts, which typically invoke the notion of global oil shortage and so-called ‘peak oil’ arguments, this thesis suggests that price volatility and speculation in the oil market originate from a decades-long process of financialisation punctuated by recurring oil price shocks. This thesis examines the evolution of the international oil market with a view to investigate how, and to what effect, the process of
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Karlsson, Sofia, and Ida Laurén. "Oil and the Power it EntailsGlobal Interdependence and Macroeconomic Impact." Thesis, KTH, Fastigheter och byggande, 2014. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-152590.

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The study covers oil and the power it entails and focuses on oil interdependence, oil-related conflicts and crises and macroeconomic effects. This thesis aims to examine the global oil industry's trade structure, to clarify the international geopolitical situation in the oil industry, and to analyze the effects of fluctuations in price on a macroeconomic level. The research has an explorative but also descriptive nature and can be classified as a correlational study. The thesis is mainly based on qualitative references obtained from interviews supplemented with quantitative data. The majority
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Özcan, Sezer [Verfasser]. "Evolution of the European Union's Energy Securitization Process : Analysis of the European Discourses to the Energy Crises of the 1973/1979 Oil Crises and the 2006/2009 Natural Gas Crises / Sezer Öczan." Aachen : Shaker, 2015. http://d-nb.info/1066198179/34.

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Mc, Isaac Florent. "Energy and money in new frameworks for macro-dynamics." Thesis, Paris 1, 2016. http://www.theses.fr/2016PA01E049/document.

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Depuis la stagflation observée consécutivement à la forte hausse du prix du pétrole en 1973 et 1979, les chocs pétroliers sont considérés comme l’une des sources de fluctuations potentiellement les plus importantes aux États-Unis comme dans de nombreux pays industrialisés. De nombreux articles ont étudié le rôle des chocs pétroliers dans la fluctuation des principales variables macroéconomiques à savoir, la croissance, le chômage, l’inflation et les salaires. Cependant, ces travaux n’ont pas encore permis d’aboutir à un consensus. Le débat s’est même intensifié au cours de cette dernière décen
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Chilcote, Jonathan D. ""All the Crises Reached a Concerted Crescendo" - The Arab Oil Embargo and Why the United States Was Unprepared for It." TopSCHOLAR®, 2009. http://digitalcommons.wku.edu/theses/144.

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During the 2008 spike in oil prices, oil companies and government officials were brought under close scrutiny as many Americans began to question why prices were able to rise so quickly. Americans had become accustomed to living in an economy where cheap oil was the norm, and demanded answers when that situation changed. What most of them did not know is that they were repeating history and mimicking the response to the 1973 oil embargo. Just as in 2008, the United States faced a crisis in 1973 with which it was unprepared to effectively cope. This thesis analyzes the reasons for and conse
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Takayasu, Kensuke. "The relationship between the Prime Minister and the governing party in Britain and Japan : a comparative analysis of responses to the oil crises 1973-1980." Thesis, London School of Economics and Political Science (University of London), 2003. http://etheses.lse.ac.uk/1739/.

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British and Japanese prime ministers have opposite reputations in policy-making, while sharing similar systemic backgrounds and formal power resources within the executive. Prime-ministers' power in policy-making within the executive was primarily promoted and circumscribed by their relationships with their governing parties and their strategic decisions over appointing ministers. Fourteen case studies on prime ministers' responses to the oil crises in foreign, fiscal and domestic oil policies between 1973 and 1980 found that the Japanese prime ministers exerted more power, while some British
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Rêgo, Elisabete da Silva Mendonça. "Efeito de dieta cetogênica à base de óleo de coco sobre as crises convulsivas de ratos portadores de epilepsia induzida por pilocarpina." Universidade Federal de Alagoas, 2011. http://repositorio.ufal.br/handle/riufal/654.

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Epilepsy is a chronic disturbance of brain function characterized by the presence of recurrent and spontaneous seizures, making one of the most frequent and severe neurological diseases, affecting approximately 50 million people worldwide, mainly children. Among these, 40% had antiepileptic drug refractory seizures. Non-drug options as surgery, vagus nerve stimulation and the ketogenic diet are timely. This diet, used since 1921 in treatment of drug-resistant epilepsy is characterized by a high concentration of lipids and often by low concentration of carbohydrates and proteins. Traditionally,
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Patrickson, Albert. "Essays in the Latin American fertilizer industry." Licentiate thesis, Handelshögskolan i Stockholm, Internationell Ekonomi och Geografi (IEG), 1990. http://urn.kb.se/resolve?urn=urn:nbn:se:hhs:diva-1520.

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Aziki, Yasmina. "L'expertise multilatérale pour le développement de la région MENA : pratiques de coopération, crises régionales et défis nationaux, 1964-1981." Thesis, Paris 1, 2019. http://www.theses.fr/2019PA01H030.

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L’objectif de cette thèse est de contribuer à l’histoire de la coopération pour le développement dans la région de l’Afrique du Nord et du Moyen-Orient - Middle East-North Africa ou MENA - en croisant une histoire de l’aide au développement, une histoire des organisations internationales et une histoire de l’expertise technique et en privilégiant, à la fois, une approche sociologique et une approche des transferts. Cette thèse s’attache donc à présenter les trajectoires suivies par tous les acteurs de l’aide au développement et leurs missions, à partir d’archives d’institutions internationales
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Books on the topic "Oil crises"

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Middle East oil crises since 1973. Westview Press, 1986.

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Oil and gas: Crises and controversies 1961-2000. Multi-Science Pub. Co., 2001.

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Seminar on oil and the Environment (1997 Port Harcourt, Nigeria). Oil exploration and exploitation, the state and crises in Nigeria's oil-bearing enclave. Friedrich Ebert Foundation, 1998.

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The evil of oil: (crises in the Niger Delta). Y-Books, 2009.

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Zind, Richard G. Saudi Arabia and the Global Financial and Oil Market Crises. Cambria Press, 2009.

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Zind, Richard G. Saudi Arabia and the Global Financial and Oil Market Crises. Cambria Press, 2009.

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Zind, Richard G. Saudi Arabia and the Global Financial and Oil Market Crises. Cambria Press, 2009.

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Amy, Jaffe, ed. Oil, dollars, debt, and crises: The global curse of black gold. Cambridge University Press, 2010.

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Amy, Jaffe, ed. Oil, dollars, debt, and crises: The global curse of black gold. Cambridge University Press, 2009.

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El-Gamal, Mahmoud A. Oil, dollars, debt, and crises: The global curse of black gold. Cambridge University Press, 2009.

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Book chapters on the topic "Oil crises"

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Clô, Alberto. "Energy Crises: Perception and Reality." In Oil Economics and Policy. Springer US, 2000. http://dx.doi.org/10.1007/978-1-4757-6061-3_5.

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Sarsilmaz, Defne. "Şelmo oil field." In Systemic Crises of Global Climate Change. Routledge, 2016. http://dx.doi.org/10.4324/9781315737454-38.

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van Bernem, Carlo, Johanna B. Wesnigk, Michael Wunderlich, Susanne Adam, and Ulrich Callies. "Oil Pollution in Marine Ecosystems — Policy, Fate, Effects and Response." In Environmental Crises. Springer Berlin Heidelberg, 2008. http://dx.doi.org/10.1007/978-3-540-75896-9_8.

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Clô, Alberto. "The Effects of the Crises and the Processes of Adaptation." In Oil Economics and Policy. Springer US, 2000. http://dx.doi.org/10.1007/978-1-4757-6061-3_6.

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Iwami, Toru. "Indebtedness and Hegemony: International Financial Relations after the Oil Crises." In Japan in the International Financial System. Palgrave Macmillan UK, 1995. http://dx.doi.org/10.1057/9780230372634_6.

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Banafe, Ahmed, and Rory Macleod. "Low Oil Prices, Rising Government Debt and External Crises, 1994–2004." In The Saudi Arabian Monetary Agency, 1952-2016. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-55218-7_6.

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Goode, James F. "The Oil Crisis." In The United States and Iran, 1946–51. Palgrave Macmillan UK, 1989. http://dx.doi.org/10.1007/978-1-349-20277-5_8.

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Ouaissa, Rachid. "Algeria: Between Transformation and Re-Configuration." In Re-Configurations. Springer Fachmedien Wiesbaden, 2020. http://dx.doi.org/10.1007/978-3-658-31160-5_4.

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Abstract This chapter analyzes the re-configurations of the Algerian political system. It explains the (re)establishment of power alliances and traces power shifts through oil price fluctuations on the global market, laying out the concomitant instability of systems of co-option based on the distribution of rent. In times of power crises, the state class is prepared to make concessions, such as economic and political liberalizations. Since February 2019, however, an unprecedented mass social mobilization has been underway. The Hirak movement disrupted the order within the state class and forced President Bouteflika to step down, but the regime, under military leadership, tried to reconfigure the political system once again by eliminating old clans and striking new alliances. This is the story of a political system’s re-configurations that seek to sustain the old order by building new alliances.
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Ruddell, Rick. "Crimes of the Powerful." In Oil, Gas, and Crime. Palgrave Macmillan US, 2017. http://dx.doi.org/10.1057/978-1-137-58714-5_5.

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Johnson, R. W. "The Oil Crisis Revisited." In The Politics of Recession. Macmillan Education UK, 1985. http://dx.doi.org/10.1007/978-1-349-17722-6_1.

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Conference papers on the topic "Oil crises"

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Odemene, Glory C. "Crises Management in the Oil and Gas Industry." In International Petroleum Technology Conference. International Petroleum Technology Conference, 2014. http://dx.doi.org/10.2523/iptc-17607-ms.

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Odemene, G. C. "Crises Management in the Oil and Gas Industry." In IPTC 2014: International Petroleum Technology Conference. European Association of Geoscientists & Engineers, 2014. http://dx.doi.org/10.3997/2214-4609-pdb.395.iptc-17607-ms.

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Dufour, Sebastien, and Rajesh D. Sharma. "How Digitization Lowers Oil & Gas Industry Break Even Cost." In SPE Middle East Oil & Gas Show and Conference. SPE, 2021. http://dx.doi.org/10.2118/204753-ms.

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The Oil&amp;Gas industry has experienced three price crises over the past twelve years. Swings in the key variables of politics, economy and technology affect supply and demand dynamics and consequently oil prices. The rise of unconventional sources brought the industry into a recurrent surplus of supply, putting pressure on prices and the combination of a supply shock, shortage of storage and an unprecedent demand drop brought prices to a 30-years low in April 2020. Although volatile oil prices make it challenging for oil companies to manage their markets, the silver lining in low oil prices
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Bal, Oğuz. "The Developing Countries External Debt and Growth Issues and Example of Turkey." In International Conference on Eurasian Economies. Eurasian Economists Association, 2016. http://dx.doi.org/10.36880/c07.01645.

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Today; country economies are dealt with from a global perspective. International capital, and technological developing, had accelerated the flow of factors also. This case demonstrates the international economic interdependence. In industrialized countries after the Second World War, while exports of industrial products increased by busy; In 1970's years, the oil crisis shocks had been lived. In the 1980s, in the world debt problems emerged. In the 1990s, world economy, has become multi-polar world with together globalization, and in order to the crisis by IMF and World Bank were began effecti
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Andersen, Kenneth J. "Crises to Crises: A 30-Year Retrospective on the Electric Utility Industry and Energy Efficient Lighting Technology." In ASME 2002 International Mechanical Engineering Congress and Exposition. ASMEDC, 2002. http://dx.doi.org/10.1115/imece2002-39278.

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This paper reviews the change in energy efficiency of lighting technology during the 30-year period between the energy crises of the 1970’s oil embargo and last year’s de-regulated wholesale market, electricity price spikes. Lighting power requirements have been cut in half for new commercial buildings, dropping from 3 to 1.5 watts or less per square foot of conditioned space. Fluorescent lighting technology has changed from four-foot T-12 lamps requiring 40 watts, to high-lumen, 32-watt T-8 lamps. Copper intensive and noisy magnetic ballasts have been replaced with lightweight, high frequency
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Wex, Felix, Natascha Widder, Michael Liebmann, and Dirk Neumann. "Early Warning of Impending Oil Crises Using the Predictive Power of Online News Stories." In 2013 46th Hawaii International Conference on System Sciences (HICSS). IEEE, 2013. http://dx.doi.org/10.1109/hicss.2013.186.

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Kamaruddin, Muhamad Aizat B., Muhammad Haniff B. Suhaimi, Firdaus Azwardy B. Salleh, et al. "Successful Reservoir Fluid Characterization and Testing While Overcoming the Challenges of Falling Oil Price and a Pandemic: A First for an Integrated Brown Field Alliance Project in Sarawak, Malaysia." In SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition. SPE, 2021. http://dx.doi.org/10.2118/205778-ms.

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Abstract A brown field, offshore Sarawak, Malaysia, with multiple sub-layered laminated sands of varied pressure regimes and mobility ranges, was challenged by depletion, low mobility and uncertainty in the current fluid types and contacts. Optimal dynamic fluid characterization and testing techniques comprising both Wireline and Logging While Drilling (LWD) were applied in nine development wells to acquire reliable formation pressure data and collect representative fluid samples including fluid scanning. Some of the latest technologies were deployed during the dual crises of falling oil price
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Sijakovic, Milan, and Ana Peric. "Sustainable architecture and urban design: a tool towards resilient built environment." In Post-Oil City Planning for Urban Green Deals Virtual Congress. ISOCARP, 2020. http://dx.doi.org/10.47472/nmbx1502.

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Simply understood as ‘seeking opportunities out of crises’, resilience seems to be a universal approach to cope with contemporary global challenges, such as changing climate, rapid urbanisation, loss of biodiversity, migrations, etc. As a majority of the current problems are of urban origin – i.e. they emerge in cities, where they also cause significant consequences on people, ecosystems and infrastructures, it is a city and its territorial sub-elements (district, neighbourhood, site, and building) that provide a prolific field for exploring the mechanisms towards resilient governance, plannin
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Jordao da Silva, Claudia. "The Impact of the Quality of Public Spending and Institutional Change on the Use of Oil Royalties: Exploring Public Management Research." In New Horizons in Business and Management Studies. Conference Proceedings. Corvinus University of Budapest, 2021. http://dx.doi.org/10.14267/978-963-503-867-1_11.

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The aim of the paper is to analyze the impacts of the quality of public spending and institutional change on the use of oil royalties. The related research is based on the (re)definition of concepts that are crucial for scholars in public administration. The debate on their utilization involves social and environmental issues, not limited to economic growth. Given the current economic crises faced by governments, there is a more significant limitation on public resources available by local governments. Therefore, one should not ignore the window of opportunity that has opened to give due atten
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Ugolo, Obaro Jerry. "Application of LEAN Supply Chain Management as a Panacea to Sustainable Future Profitability in the Nigerian Oil and Gas Industry." In SPE Nigeria Annual International Conference and Exhibition. SPE, 2021. http://dx.doi.org/10.2118/208228-ms.

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Abstract The Nigeria oil and gas industry is a highly capital intensive market. with possibility of high profit or great losses. Oil price trends over the last 3 decades shows cyclical and relatively high volatility. This is due to geopolitical and economic factors including dollar value, governments and organizations (like OPEC's actions), that influence global supply and demand. In 2020, due to the COVID-19 crises, public health became a key factor influencing oil price (due to its severe adverse impact on demand). Studies have shown that even an increase in production volumes will not be ab
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Reports on the topic "Oil crises"

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Alpanda, Sami, and Adrian Peralta-Alva. Oil Crisis, Energy-Saving Technological Change and the Stock Market Crash of 1973-74. Federal Reserve Bank of St. Louis, 2008. http://dx.doi.org/10.20955/wp.2008.019.

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Vargas-Herrera, Hernando, Juan Jose Ospina-Tejeiro, Carlos Alfonso Huertas-Campos, et al. Monetary Policy Report - April de 2021. Banco de la República de Colombia, 2021. http://dx.doi.org/10.32468/inf-pol-mont-eng.tr2-2021.

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1.1 Macroeconomic summary Economic recovery has consistently outperformed the technical staff’s expectations following a steep decline in activity in the second quarter of 2020. At the same time, total and core inflation rates have fallen and remain at low levels, suggesting that a significant element of the reactivation of Colombia’s economy has been related to recovery in potential GDP. This would support the technical staff’s diagnosis of weak aggregate demand and ample excess capacity. The most recently available data on 2020 growth suggests a contraction in economic activity of 6.8%, lowe
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25. anniversary of the 1973 oil embargo: Energy trends since the first major U.S. energy crisis. Office of Scientific and Technical Information (OSTI), 1998. http://dx.doi.org/10.2172/663603.

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Proliferan leyes y reglamentos perjudiciales durante la crisis del COVID-19 Sur y sudeste de Asia. Rights and Resources Initiative, 2020. http://dx.doi.org/10.53892/fnqg7569.

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Este informe analiza los desarrollos legislativos durante el COVID-19 en la India, Indonesia y Filipinas que han socavado las interacciones sostenibles entre humanos y el medio ambiente y el pleno disfrute de los derechos sobre territorios consuetudinarios por parte de los PI y de las CL. Aunque la India, Indonesia y Filipinas no han ratificado todavía el Convenio Núm. 169 sobre Pueblos Indígenas y Tribales, publicado en 1989 por la OIT, ya ratificaron la Declaración de las Naciones Unidas sobre los Derechos de los Pueblos Indígenas (DNUDPI). Asimismo, cada uno de esos países ha promovido refo
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Crise de la COVID-19 sur fond de lois et règlementations préjudiciables en Asie du Sud et du Sud-Est. Rights and Resources Initiative, 2020. http://dx.doi.org/10.53892/wmob5337.

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Le présent document traite des évolutions législatives survenues pendant la crise de la COVID-19 en Inde, en Indonésie et aux Philippines qui compromettent les interactions durables entre l’homme et son environnement et, pour les PA et les CL, la jouissance des droits sur leurs territoires coutumiers. Même si l’Inde, l’Indonésie et les Philippines n’ont toujours pas ratifié la Convention 169 relative aux peuples autochtones et tribaux, 1989 (OIT 169), ces trois pays ont déjà ratifié la Déclaration des Nations unies sur les droits des Peuples Autochtones (UNDRIP). Chacun de ces pays a également
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Global Control of African swine fever. A GF-TADs initiative – 2020 annual report. O.I.E (World Organisation for Animal Health), 2021. http://dx.doi.org/10.20506/asf.3011.

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The current African swine fever epizootic is a major global crisis, directly and indirectly impacting the pig industry and rural communities worldwide. In 2019, FAO and the OIE designated ASF as a global priority transboundary animal disease under the GF-TADs, and in July 2020 they released a jointly developed programme to control the disease worldwide – ‘Global Control of African Swine Fever: A GF-TADs Initiative’ (The Global Initiative). In 2020, ASF virus continued to spread and the COVID-19 pandemic impacted field activities. However, global, regional and national stakeholders strove to ma
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Monetary Policy Report - January 2022. Banco de la República, 2022. http://dx.doi.org/10.32468/inf-pol-mont-eng.tr1-2022.

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Macroeconomic summary Several factors contributed to an increase in projected inflation on the forecast horizon, keeping it above the target rate. These included inflation in December that surpassed expectations (5.62%), indexation to higher inflation rates for various baskets in the consumer price index (CPI), a significant real increase in the legal minimum wage, persistent external and domestic inflationary supply shocks, and heightened exchange rate pressures. The CPI for foods was affected by the persistence of external and domestic supply shocks and was the most significant contributor t
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Financial Stability Report - Second Semester of 2020. Banco de la República de Colombia, 2021. http://dx.doi.org/10.32468/rept-estab-fin.sem2.eng-2020.

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The Colombian financial system has not suffered major structural disruptions during these months of deep economic contraction and has continued to carry out its basic functions as usual, thus facilitating the economy's response to extreme conditions. This is the result of the soundness of financial institutions at the beginning of the crisis, which was reflected in high liquidity and capital adequacy indicators as well as in the timely response of various authorities. Banco de la República lowered its policy interest rates 250 points to 1.75%, the lowest level since the creation of the new ind
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