Since the turn of the millennium, and in particular over the past few years, a number of bilateral free trade and investment promotion agreements have resulted in an increasingly globalised Colombian economy. Moreover, the establishment of regional trade blocs such as the Andean Community ( Comunidad Andina, CAN) and the Pacific Alliance have also...
In the wake of the 2008 financial crisis, what factors supported the country’s financial resilience?
While Colombia began to open its economy to international trade slightly throughout the 1990s, the country did not truly put itself on the map until the early 2000s. At that time, the government made a great effort to overcome the nation’s security problems that had created Colombia’s negative perception abroad.
What effect has business process outsourcing (BPO) had on the development of free trade zones (FTZs)?
The war against the assassinations, kidnappings and armed insurgency that have plagued Colombia for decades is being decisively won, after dealing massive damage to the country’s economic development and international reputation. As a result, spending on military and police forces is high. According to the UN’s Development Programme, in 2010...
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