In January 2012 the government of President Juan Manuel Santos Calderón issued Law 1508 on publicprivate partnerships (PPPs), better known as the PPP law. More than two years later, the results of the muchtrumpeted announcement have yet to match the fanfare surrounding their launch. The promotion of PPPs could contribute to the development of infrastructure, which is “an...
Colombian sovereign bonds have once again proven their attractiveness to international investors. The popularity of these instruments has been demonstrated by the interest shown by credit institutions, pension funds, foreign investment funds, and insurance companies, which made significant investments in the country’s treasury securities during a February 2014 issuance....
After recording 6.6% growth in 2011, Colombia’s economy experienced a slowdown in the second half of 2012 and the first half of 2013. GDP grew by 4% in 2012 and by just 2.8% in the first quarter of 2013. However, the second half of the year was very positive. The sound performance of the construction sector, along with strong investment in...
Between March and May 2014, young people between the ages of 14 and 28 accounted for 32.5% of the working age population, according to the National Department of Statistics (Departamento Administrativo Nacional de Estadística, DANE.) In total, Colombia has about 11.9m young people.
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. Since its 1999 real estate bubble crisis, Colombia has demonstrated economic strength, particularly in the midst of the global recession...
It is not easy to forecast the exact economic, demographic and social impact of a signed peace accord between the national government and the Revolutionary Armed Forces of Colombia (Fuerzas Armadas Revolucionarias de Colombia, FARC). The question is not whether it would have a big impact, but exactly how big and after how long. Colombia could...
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