Ismael's Blog

There are several challenges the world is facing today in the prevention and mitigation of the COVID-19 pandemic, challenges that Medellín assumes faithful to its premise to be a resilient and an innovative city. Working in coordination with the  public and private sectors providing  solutions to citizens that thanks to its high sense of belonging shows self-care and solidarity. According to The Economist,  Medellín’s has  highlighted its efforts to flatten the COVID-19 contagion curve more than has been done in Latin America having a fatality rate of less than 1%. What are the innovations that have led one of the main Colombian cities to maintain such positive indicators in the face of the global pandemic   Medellín Me Cuida Thanks to this technological solution initially created by the  Mayor’s Office of Medellín  to provide aid to the neediest families, – currently using fourth-generation tools such as  Big Data , it creates and sustains e...

  Colombian society reached its peak due to the tributary reform that was going to be implemented by Ministry of Hacienda , a  proposed a tax reform, that  is necessary for the country, since its main objective is the generation of employment and the reduction of inequality,  seeking to improve the distribution of income, tax burden favoring lower-income Colombians, but this proposed reform aimed  to raise a total of more than 23 billion pesos, but with this strategy the people disagreed, as this reform proposed VAT for the family basket, communication technologies services, among others.  This caused discomfort and preocupation among the Colombians, because there was a sentiment in citizens that the governments were not addressing problems that have been occuring in the country for many years, such as excesive use of violence by the police, woman mistreatment and abuse, inequality, sexual assaults, rape, terrorism in which lage social mobiliztions happened...

Colombia is facing a deep global crisis, which differs from recent economic and financial crises, and for which the world was under-prepared. The policies implemented to resolve those policies will not be sufficient to get out of the current one, since in none of these cases had global production of goods and services been curbed as is currently happening by the effect of the pandemic and health measures taken to prevent the spread of COVID-19. At the moment, the recession of the first half is clear, and uncertainty is concentrated on what will happen in the second  (M. Alviar et al, 2020). In this scenario, considerable monetary and fiscal policy efforts have been activated to contain their effects on economies: lower interest rates by central banks and greater provision of liquidity to the financial system, as well as the delivery of direct subsidies to families and the creation of business financing lines with reduced guarantees , are the most common actions around the world, va...