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ZARATE PERDOMO, Juan Pablo; COBO SERNA, Adolfo León  and  GOMEZ-GONZALEZ, José Eduardo. Lessons of the Recent Financial Crises for the Design and Implementation of the Monetary and Financial Policies in Colombia. Ens. polit. econ. [online]. 2012, vol.30, n.69, pp.257-293. ISSN 0120-4483.

The present work shows the main lessons that have been collected on monetary and financial policies from the current crisis, and draws a parallel with the Colombian crisis of the nineties (proportions kept) and the actions that were derived from it. It also proposes some measures that could be adopted in the implementation of monetary and financial policies in order to reduce the risks associated with the behavior of the financial and credit system that tend towards finding a more stable economy and lower macroeconomic imbalances in the long term.

Keywords : International Financial Crisis; Colombia; Policy Lessons.

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