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...
Business process outsourcing (BPO) operations have become a focal point of growth within the broader IT market. As a platform for providing services within Latin America, the US and Spain, Colombia has several advantages, including an investor-friendly regulatory framework, competitive wages, a neutral Spanish accent and a variety of suitable...
Since the turn of the millennium, and in particular over the past few years, a number of bilateral free trade and investment promotion agreements have resulted in an increasingly globalised Colombian economy. Moreover, the establishment of regional trade blocs such as the Andean Community ( Comunidad Andina, CAN) and the Pacific Alliance have also...
While Colombia began to open its economy to international trade slightly throughout the 1990s, the country did not truly put itself on the map until the early 2000s. At that time, the government made a great effort to overcome the nation’s security problems that had created Colombia’s negative perception abroad.
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