Since the drop in commodity prices in 2014, Colombia’s economy has been recovering and is set to expand in 2019 and 2020. In May 2018 Colombia was invited to become the 37th member of the OECD, a positive development that should increase the country’s international political and economic prominence in the coming decades. However, challenges to ensuring Colombia’s continued economic progress remain.
Against a backdrop of increasingly severe climate events, inefficient and small-scale irrigation systems, and an untrained workforce, government intervention in farming is poised to play an important role in maintaining and improving the country’s agricultural output. Although Peru has access to nearly 2% of the world’s freshwater, its...
Global food demand is expected to increase by anywhere between 59% to 98% by 2050. However, global freshwater resources are already overstretched due to climate change and soaring population growth, and it is unclear how agricultural production will keep up with these challenges. In recent years climate-induced water shortages in urban areas...
Increased investment and the expansion of irrigated land along the Peruvian coast has ensured the continued development of large-scale industrial agriculture for more than two decades. After introducing dozens of new products, local agri-business firms have successfully expanded and diversified the country’s agricultural export base. Meanwhile...
The strength of domestic agriculture relies on crop diversity, a harvest season that is the inverse of the northern hemisphere’s, and the fertile and well-irrigated coastal regions. As agricultural exports rise, they are becoming important contributors to GDP and major providers of job opportunities. By opening up to new global markets and...
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