After coming dangerously close to becoming a failed state, over the past two decades Colombia has regained control over its territory by clamping down on violent drug cartels and guerrillas, and setting the stage for a protracted boom that transformed it into South America’s second largest economy. In less than a generation, Colombia went from...
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This chapter contains information on hotels, government agencies and other listings, as well as useful tips for visitors on a range of topics such as visa requirements, currency and transportation throughout Colombia.
Despite the difficulties in securing long-term financing for research, Colombia’s innovation environment is starting to benefit from structural measures. Efforts to raise IT usage in companies and households is supporting innovation efforts and galvanising domestic entrepreneurs. Modernisation schemes targeting industrial clusters are helping to develop a culture of innovation within...
Located in northern Colombia, the Atlántico department is one of 32 departments in the country. It is part of the Colombian Caribbean region, with the port city of Barranquilla as its capital. According to the National Administrative Department of Statistics, the population is estimated at 2.5m. In recent years, Atlántico has stood out for its positive economic performance in both absolute and...
Following congressional approval of a landmark peace agreement and a late-2016 tax reform package, 2017 looks to be a year of significant promise for the Colombian economy. Investment and infrastructure development are expected to be the key drivers of domestic demand, and the trade balance should continue to improve. Although growth has slowed as a result of the oil price shock, the Colombian...
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