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Colombia Today
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Democracy in Colombia
In what is destined to prove the definitive text for the present generation on the political, economic, and social structure of Colombia, Jorge Pablo Osterling explores the enigmatic nature of this special, even critical, anchor to the northern tier of South America. In many ways, Colombia is a huge success story: it is one of the oldest, most stable, functioning democracies; the land is blessed with rich and diversified resources and products; and its foreign debt has been kept in check as a consequence of sound economic management.But despite its positive social, cultural, economic, and political indicators, Colombia has been a nation beset by serious problems: overt corruption and unemplo...
Colombia
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Colombia
This 2017 Article IV Consultation highlights Colombia’s favorable outlook, underpinned by the peace agreement, structural tax reform, and the authorities’ infrastructure agenda. Economic activity will rebound slightly in 2017 as investment strengthens, boosted by reduced corporate taxation and confidence stemming from the peace agreement. Nontraditional exports are gaining steam thanks in part to ongoing efforts to reduce trade barriers, and this will help bring the current account deficit to its equilibrium level. Medium-term growth will be driven by economic diversification away from oil, which will benefit from the infrastructure agenda, and the peace agreement, which will improve competitiveness and regional development.
Country Profile
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Colombia
Documents and analyzes the vast array of peace initiatives that have emerged in Colombia. This title explores how local and regional initiatives relate to national efforts and identifies possible synergies. It examines the multiple roles of civil society and the international community in the country's complex search for peace.
Explaining Colombia’s late Left Turn
Between 2005 and 2008, the share of Latin American presidents from a right-wing party fell to 33%, compared to 64% in the early 1990s. By 2009, more than two-thirds of the countries in the region had a president from a left- or center-left party. Despite common sociopolitical and economic developments with its neighboring countries, Colombia elected a leftist president – for the first time in its modern history – only this year. The present paper examines the factors that might explain Colombia’s comparatively late political Left Turn. To this end, it explores the historic conditions that hindered the consolidation of a leftist political party or coalition with broad electoral support until the foundation of the Historic Pact for Colombia. Moreover, it draws attention to the recent social, political and economic developments that have fostered the expansion of this left-wing coalition yet considering that the efforts to cement a leftist political alternative date back to the last century.
Colombia
Colombia is working towards compiling quarterly sectoral accounts and balance sheets to support domestic policymaking by gaining a much deeper understanding of the interrelationship between the real sector accounts and the financial accounts, and the vulnerabilities that may reside in specific sectors as sources for spillovers to other sectors. Sectoral accounts and balance sheets are critical to help detect systemic risks, vulnerabilities, and possible contagion from economic shocks. The authorities continued to acknowledge the additional benefit from work in this area as it moves towards subscription to the IMF’s Special Data Dissemination Standard Plus and continued accession negotiations with the Organization for Economic Co-operation and Development. The priority is first on establishing timely annual integrated estimates between the National Administrative Department of Statistics (DANE) and the BRC, followed by quarterly estimates.
Resisting War
This book explores how local social organization and cohesion enable covert and overt nonviolent strategies.
