The Americas Economy

Displaying 337 - 342 of 365

Over the past decade Peru has seen a period of transformative growth, which has effectively positioned it as one of the leading economic performers in Latin America and the world. This period of exponential growth has for the most part spread throughout the country, leading to unprecedented development in urban centres, while at the same time...

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...

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...

Despite 20 years of perceptions as an unsafe place for foreign sports teams to visit, Colombia has performed strongly in terms of sport results achieved at the regional level in the past decade. Improved security conditions have increased access to sporting venues and boosted opportunities for participation, not to mention more investment,...

Sustained macroeconomic growth in expanding uppermiddle-income countries such as Colombia depends on various of factors, one of which is the improved productivity of the internal economy. Economic efficiency in turn hinges on another set of factors, mainly the widespread deployment of infrastructure and the urbanisation of the population. What...

As economic miracles go, Colombia has some impressive supporting statistics but is still very much a work in progress. To go from being practically a pariah state to one of banking giant HSBC’s six most exciting emerging markets in a little over one generation almost defies belief. Yet international bodies such as the World Bank endorse that...

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