Economy

Blessed with a rich cultural and natural heritage, Colombia is also strategically located at the crossroads of South and Central America, and is the only South American country with both Pacific and Caribbean coasts. Moreover, it is something of a contemporary paradox in that it has both a long tradition of democratic institutions and an abiding history of internal political...

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...