Colombia is poised for expansion in 2019 and 2020, despite some internal and external challenges that have not abated since 2018. Regionally, economic growth in 2018 outpaced giants Brazil and Mexico, but trailed the smaller, yet more dynamic economies of Chile and Peru. In May of that year Colombia was invited to become the 37th member of the...
In May 2018 member states of the OECD formally welcomed Colombia as the 37th member of the organisation. The country is the third nation in Latin America and the Caribbean to join the group, after Mexico and Chile. The OECD has traditionally been considered an organisation for developed economies, sometimes being referred to as “the league of...
Colombia began 2019 with a raft of tax and fiscal reforms designed to stimulate local and foreign investment, though there are concerns that some of the measures may hinder growth in the short to medium term. Headlining the changes in the Financing Law, which came into effect on January 1, 2019, is the progressive reduction of corporate income...
The political landscape in Colombia is rather complex, a result of the convoluted evolution that gave rise to the system as it stands today. In addition, the violent conflicts that gripped the country for decades, while partially resolved, still continue to exercise a defining influence on national politics.
Colombia constitutes a distinctive blend of ethnicities, cultures and geography. It has the second-largest population in South America and is the continent’s fourth-largest country. With two coasts on two different oceans, it is located at a natural crossroads between the Caribbean, Central and South America. In spite of its heavy focus on...
Peru’s health sector significantly improved over the last decade as officials worked to expand health care infrastructure, lower barriers to access and modernise public sector institutions. President Martín Vizcarra Cornejo’s government aims to further advance progress through an increase in health spending that officials hope will fill...
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