2004-07-142004-07-142004-07-142004-07-14https://repositorio.banrep.gov.co/handle/20.500.12134/5312In 1995, when contagion from the tequila crisis was spreading in Latin America, both Chile and Colombia were exempt from contagion and presented high rates of economic growth. Several analysts attribute this positive performance to the fact that both hadPDFspaOpen AccessWorking PaperE52 - Monetary PolicyMacroeconomic stabilityMovimiento de capitales -- ColombiaMovimiento de capitales -- ChileCrecimiento económico -- ColombiaCrecimiento económico -- ChileCrisis financiera -- América LatinaAcceso abiertoAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0E52 - Política monetariaLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.https://hdl.handle.net/20.500.12134/5312