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		<title>Investigaciones Económicas - Informes en Inglés</title>
		<link>http://investigaciones.bancolombia.com/invEconomicas/home/homeinfo.aspx</link>
		<description>Investigaciones Económicas Grupo Bancolombia</description>
		
		
				
				<item>
					<title>
						2011-2020 and 2030: Challenges for the upcoming decade and beyond 
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					<description>
						<![CDATA[The Government began with an interesting exercise aimed at inviting dialogue, in which proposals were built up and proactively rectified in the light of contributions, criticisms and studies from well-informed experts, who thoughtfully and constructively asked for the Government to boldly challenge convention, complacency and the convenience of implementing transitory measures.]]>
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					<pubDate>
						Wed, 01 Sep 2010 17:28:00 -0500
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					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=19179
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					<title>
						Latin America posting a robust level of economic growth for Q2 2010 
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					<description>
						<![CDATA[Against the backdrop of the current global economic recovery, major Latin American economies have continued to maintain a positive GDP growth rate for Q2 2010. This week Chile, Peru and México all reported growth rates which went above market expectations.  In sharp contrast, we have Venezuela which this week reported an annual GDP decline of 1.9% for Q2 2010.]]>
					</description>
					<pubDate>
						Tue, 24 Aug 2010 17:51:00 -0500
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					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=19067
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					<title>
						The possibility of Central Bank announcing further purchases of dollars cannot be ruled out 
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					<description>
						<![CDATA[On a local level, the USDCOP rate is predicted to sink to new lows, that is to say its shall remain fluctuating within a downward channel that has been forming since early May, 2010. The next support level for the USDCOP rate is set at COP 1,810.00, but we cannot rule out further dips to COP 1,800.00 and COP 1,790.00. However, as the Colombian peso continues to gain against the dollar there is greater likelihood of Central Bank intervening with the exchange rate so as to ease the overall decline.]]>
					</description>
					<pubDate>
						Wed, 18 Aug 2010 09:27:00 -0500
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					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=18981
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					<title>
						The COP recorded its highest gain against the USD so far this year 
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					<description>
						<![CDATA[In the case of the Colombian peso, there are more reasons than not for further gains. Europe´s fiscal problems and fears of a global economic slowdown have had little effect on the USDCOP. The most obvious risk for the USDCOP is controls over short-term debt, which shall inevitably push the rate up to higher levels. The local exchange rate (USDCOP) is forecast to end June at $1,910.00 . ]]>
					</description>
					<pubDate>
						Mon, 19 Jul 2010 17:50:00 -0500
					</pubDate>
					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=18683
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					<title>
						Colombian economy is entering a stage of high growth and low inflation 
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					<description>
						<![CDATA[Leading economic indicators so far released are confirming the fact that the Colombian economy ended the first half of this year with a positive edge, thereby making for a good start to H2 2010. Furthermore, according to the latest inflation figures, growing demand is not producing any inflationary pressure, making it likely that Central Bank shall continue with its current monetary stance until the end of this year. ]]>
					</description>
					<pubDate>
						Thu, 12 Aug 2010 11:54:00 -0500
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					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=18935
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					<title>
						The Bancolombia Group raises its GDP growth forecast for 2010 to 4.3% 
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					<description>
						<![CDATA[The Bancolombia Group maintains a positive outlook for Colombia´s ongoing economic recovery and has consequently revised its growth forecast upwards from 3.01% to 4.31%. This change not only reflects the introduction of a new calculation basis which has entailed corrections being made to the series going back, but also greater prospects for the recovery of the domestic demand. ]]>
					</description>
					<pubDate>
						Fri, 16 Jul 2010 19:24:00 -0500
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					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=18664
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					<title>
						Fiscal policy challenges: beyond transparency 
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					<description>
						<![CDATA[While it is true that there has been much progress in the fiscal management of local governments as well as in information transparency, it is necessary to come up with a quantitative rule for the NCG's primary surplus, which if implemented will constitute a step forward to be taken in order to consolidate the adjustment process of public finances.]]>
					</description>
					<pubDate>
						Mon, 01 Mar 2010 14:44:00 -0500
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					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=17103
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					<title>
						2009 Public Debt Annual Report
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					<description>
						<![CDATA[Adjustments to conform to the new economic reality are top priority. Both the level and the composition of debt should be analyzed. The dynamics of debt is linked to macroeconomic variables. Fiscal risks and a lower inflation are foreseeable for 2009.]]>
					</description>
					<pubDate>
						Mon, 12 Jan 2009 08:55:00 -0500
					</pubDate>
					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=12884
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					<title>
						-DAVIVIENDA- Colombia´s third largest bank begins its stock market activity
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					<description>
						<![CDATA[We recommend that all types of portfolios seek exposure to this asset. Our investment thesis is based on the company´s solid equity, its market position and the Colombian financial sector´s potential for growth given the level of bancarization in the country.]]>
					</description>
					<pubDate>
						Fri, 20 Aug 2010 15:17:00 -0500
					</pubDate>
					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=19025
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					<title>
						-ETB- Management repositioning could potentially generate value for the company
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					<description>
						<![CDATA[A potential change in the firm´s management may bring about operational, financial and strategic advantages. ]]>
					</description>
					<pubDate>
						Wed, 17 Feb 2010 16:21:00 -0500
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					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=16968
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					<title>
						The growth of emerging markets: what does this mean for Colombia?s foreign trade?
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					<description>
						<![CDATA[Moments of crisis can well be seen as windows of opportunity; adopting strategic measures and looking for new sources of business may well turn out to be the trigger Colombia needs to accelerate the schedule that its Government has embarked upon to improv]]>
					</description>
					<pubDate>
						Mon, 23 Nov 2009 23:00:00 -0500
					</pubDate>
					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=16426
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					<title>
						2009 Macroeconomic Projections
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					<description>
						<![CDATA[Inflation, Foreign Exchange Regime, Mining, Oil, Current financial crisis, Colombian Fundamentals and Sectoral prospects.]]>
					</description>
					<pubDate>
						Wed, 29 Oct 2008 07:59:00 -0500
					</pubDate>
					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=12870
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					<title>
						Colombia´s GDP for 2010 is set to grow at above 4% without any major inflation risk
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					<description>
						<![CDATA[The Bancolombia Group continues to maintain a positive outlook with regard to the country's ongoing economic recovery and has raised its growth forecast for 2010 from 3.0% to 4.3% as a result of better prospects for both internal and external demand. As for the CPI, year-end inflation is forecast at 3.38%, which is within the target set by Central Bank.]]>
					</description>
					<pubDate>
						Fri, 23 Jul 2010 13:11:00 -0500
					</pubDate>
					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=18720
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					<title>
						Colombia starts 2010 with an air of optimism  - Updated April 2010 
					</title>
					<description>
						<![CDATA[Our projection for 2010 Colombian GDP growth was revised upwards, from 2.16% to 3.01%. In the remainder of the year the COPUSD exchange rate shall reach new lows.  Given the recovery in growth anticipated for 2010, we expect that tax revenue will be higher. The balance of inflation risks at the end of 2010 would remain neutral; hence, there should be no change in the short-run monetary policy stance.]]>
					</description>
					<pubDate>
						Tue, 20 Apr 2010 18:54:00 -0500
					</pubDate>
					<link>
						http://investigaciones.bancolombia.com/InvEconomicas/informes/informe.aspx?id=17659
					</link>
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