2010 Reports
Inward FDI in Colombia and its policy context
Colombia used to be a synonym for violence and drugs, but not anymore. Today, the country has one of the best performing economies in Latin America, and violence levels have been dramatically reduced. The outgoing administration made improving investor confidence and the business environment one of the pillars of its policy. As a result of important reforms and aggressive campaigns to promote the country as an attractive location, inward foreign direct investment (IFDI) has risen to unprecedented levels. Due to these positive changes, Colombia has been designated a "top reformer" for the past four years in the World Bank's Doing Business reports, and the new Government has promised to maintain and reinforce efforts to attract foreign investment. Even though IFDI flows decreased in the past two years as a consequence of the economic and financial crisis, many foreign affiliates in Colombia achieved positive profits. A country that a decade ago was avoided is now in many investors' plans.
Subjects
Files
-
Colombia_IFDI_20_September_2010_Final.pdf application/pdf 307 KB Download File
More About This Work
- Academic Units
- Vale Columbia Center on Sustainable International Investment
- Publisher
- Vale Columbia Center on Sustainable International Investment
- Series
- Columbia FDI Profiles
- Published Here
- October 15, 2010
Notes
September 20, 2010.