Colombia since the 1930's pursued policies of industrialisation through the substitution of imports. In the years 1948-53 there was a civil war between the two main political factions which was ended by a military coup. The Constitution was restored in 1958 to a coalition of the two rival parties and this lasted until 1974. Thereafter the two parties agreed to alternate in power until a new constitution was approved in 1991.
Throughout this period and until today growth was steady if unspectacular, averaging about 4% pa, though due to continued population growth gains in living standards were modest. The main ongoing issues in Colombia are the rebel militia groups operating from remote mountain regions and the ongoing drug trafficking by the Cartels. While some progress has been made on both of these fronts it remains to be seen how readily they can be resolved when the underlying conditions that supported their emergence are unchanged.
As a State Colombia is quite well run. It was the one major Latin American country to avoid the debt crisis in the 1980's and it has a good track record of economic integration and social progress. It needs to continue to expand and diversify its exports and integrate further with it’s Latin American neighbours. It is the country most affected by the ongoing crisis in Venezuela as it’s trade with it’s neighbour has collapsed and it hosts a large number of economic refugees.
Contents
Introduction
The Modern Period
The Current Era
The Modern State
Economics from the Ground Up
Political Systems
Trade Theory
The EU as a Model of Integration
Industrialisation
Synopsis
Data
World GDP 2018
World GDP PPP 2018
GDP per capita ppp 2018
Exports & Imports 2018
Container Traffic 2010 & 2018
Oil Production 2018
Migrant Remittances 2018
Tourism Statistics 2017
Tourism Americas 2017
Latin America
Background
The US and Latin America
Economy
The EU and Latin America
Mercosur
World Exports 2000-2018
Colombia
Introduction
Background
Colombian Politics
Labour Market
Industry
Guerrillas & Drug Cartels
Plan Colombia
Going Forward
Charts & Chart Commentary
Sources
68 pages
Colombia 2020
- Product Code: ISSN 2014-5063 (2020) No 5
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