In just a decade, advances in the fight against insurgent groups, coupled with long-term policies that have generated confidence among investors, have radically changed the way the world looks at Colombia. On the political front, the government of President Juan Manuel Santos Calderón has maintained a dialogue over the past 18 months with the Revolutionary Armed Forces of Colombia, with hopes...
Colombia Economy
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Chapter | Country Profile from The Report: Colombia 2014
Despite instability associated with the global mining and hydrocarbons sectors, Colombia displays stable economic growth amidst a regional slowdown, in large part a result of economic liberalisation, free trade agreements and entry to a variety of trade blocs. After recording 6.6% growth in 2011 and 4% in 2012, Colombia saw a slowdown in the first half of 2013, but the economy regained momentum by the end of the year.
Economic update | Revisión del año 2013 en Colombia
16 Jan 2014
Los desafíos que se presentaron bajo la forma de un peso muy fortalecido, junto al déficit de infraestructura y la volatilidad económica global condujeron a la desaceleración del crecimiento interno en Colombia durante el año que acaba de terminar. No obstante, el país aún cuenta con varios elementos para pensar en un 2014 positivo.
En virtud de una década de sólido desempeño económico y las claras intenciones de la Organización para la Cooperación y el Desarrollo Económico (OCDE) de aumentar el número de economías emergentes como miembros de la organización, Colombia logró que se diera inicio en términos formales a su proceso de adhesión al foro mediante un evento protagonizado por el presidente Juan Manuel Santos y el Secretario General de la OCDE, José Ángel Gurría.
Articles & Analysis | Music for all: Traditional music and dance reflect the country’s cultural mix from The Report: Colombia 2013
Among the numerous cultural attractions that Colombia has to offer, music is possibly the most representative. A long list of dances and musical styles are part of Colombian heritage and remain, to this day, central to its culture. The Andean nation enjoys a diverse repertoire of music styles, rhythms and dances, which have their peculiarities...
Articles & Analysis | Facts for visitors: Useful information for newcomers from The Report: Colombia 2013
CURRENCY: The Colombian peso is the national currency. Banknotes come in denominations of 1000, 2000, 5000, 10,000, 20,000 and 50,000 pesos, while coins are also available from 10 to 1000 pesos. The majority of airport exchanges handle foreign currencies, but it is advisable to convert less common...