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Colombia - Economy | A Wisdom Archive on Colombia - Economy | | Colombia - Economy A selection of articles related to Colombia - Economy | |
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Colombia, Colombia - Culture, Colombia - Demographics, Colombia - Departments, Colombia - Economy, Colombia - Geography, Colombia - History, Colombia - Miscellaneous topics, Colombia - Politics, Colombia - Religion
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ARTICLES RELATED TO Colombia - Economy | |
| | |  Colombia - Economy: Encyclopedia II - Economy of Colombia - History
In 1990, the administration of President César Gaviria Trujillo (1990-94) initiated economic liberalization or "apertura," and this has continued since then, with tariff reductions, financial deregulation, privatization of state-owned enterprises, and adoption of a more liberal foreign exchange rate. Almost all sectors became open to foreign investment although agricultural products remained protected.
The original idea of his Minister of Finance, Rudolf Hommes, was that the country should import agricultural products in which it was ...
See also:Economy of Colombia, Economy of Colombia - History, Economy of Colombia - Mining and Energy, Economy of Colombia - Trade, Economy of Colombia - Foreign Investment, Economy of Colombia - Statistics, Economy of Colombia - Notes Read more here: » Economy of Colombia: Encyclopedia II - Economy of Colombia - History |
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| | | | Colombia - Economy: Encyclopedia II - Economy of Colombia - Trade Colombia's estimated balance of trade showed a surplus $910 million in 1999, up from a $3.8 billion deficit in 1998. Total 1999 imports were $10.6 billion, while exports were $11.5 billion. Estimated 2000 imports were $11.2 billion with $14.0 exports. Colombia's major exports continue to be petroleum, coffee, coal, nickel, gold and nontraditional exports (e.g., cocaine, cut flowers, semiprecious stones, sugar, and tropical fruits).
The United States remained Colombia's major trading partner in 1999, taking 48.5% of exports and providing 42.1% of imports. The EU and Japan also are important tr ...
See also:Economy of Colombia, Economy of Colombia - History, Economy of Colombia - Mining and Energy, Economy of Colombia - Trade, Economy of Colombia - Foreign Investment, Economy of Colombia - Statistics, Economy of Colombia - Notes Read more here: » Economy of Colombia: Encyclopedia II - Economy of Colombia - Trade |
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| | | | Colombia - Economy: Encyclopedia II - Colombia - Economy After experiencing decades of steady growth (average GDP growth exceeded 4% in the 1970-1998 period), Colombia entered into a recession in 1999, and the recovery from that recession was long and painful. Colombia's economy suffers from weak domestic and foreign demand, austere government budgets, and serious internal armed conflicts. The IMF Economic Indicators published on September 21, 2005, forecast the Colombian GDP to reach US$112,300,000,000 in 2005. Inflation has been below 6% for 2004 and 2005, and is expected to remain below 5% duri ...
See also:Colombia, Colombia - History, Colombia - Politics, Colombia - Geography, Colombia - Departments, Colombia - Economy, Colombia - Demographics, Colombia - Religion, Colombia - Culture, Colombia - Miscellaneous topics Read more here: » Colombia: Encyclopedia II - Colombia - Economy |
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| | | | Colombia - Economy: Encyclopedia II - Colombia - Economy After experiencing decades of steady growth (average GDP growth exceeded 4% in the 1970-1998 period), Colombia entered into a recession in 1999, and the recovery from that recession was long and painful. Colombia's economy suffers from weak domestic and foreign demand, austere government budgets, and serious internal armed conflicts. The IMF Economic Indicators published on September 21, 2005, forecast the Colombian GDP to reach US$112,300,000,000 in 2005. Inflation has been below 6% for 2004 and 2005, and is expected to remain below 5% duri ...
See also:Colombia, Colombia - History, Colombia - Politics, Colombia - Geography, Colombia - Departments, Colombia - Most Important Cities Of Colombia, Colombia - Economy, Colombia - Demographics, Colombia - Religion, Colombia - Culture, Colombia - Miscellaneous topics Read more here: » Colombia: Encyclopedia II - Colombia - Economy |
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| | | | Colombia - Economy: Encyclopedia II - Economy of Colombia - Mining and Energy Colombia is well-endowed with minerals and energy resources. It has the largest coal reserves in Latin America and is second to Brazil in hydroelectric potential. Estimates of petroleum reserves in 1995 were 3.1 billion barrels (493,000 m³). It also possesses significant amounts of nickel, gold, silver, platinum, and emeralds.
The discovery of two billion barrels (0.3 km³) of high-quality oil at the Cusiana and Cupiagua fields, about 200 km (125 miles) east of Bogotá, has enabled Colombia to become a net oil exporter since 1986. To ...
See also:Economy of Colombia, Economy of Colombia - History, Economy of Colombia - Mining and Energy, Economy of Colombia - Trade, Economy of Colombia - Foreign Investment, Economy of Colombia - Statistics, Economy of Colombia - Notes Read more here: » Economy of Colombia: Encyclopedia II - Economy of Colombia - Mining and Energy |
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| | | | Colombia - Economy: Encyclopedia II - Economy of Colombia - Foreign Investment In 1990, to attract foreign investors and promote trade, an experiment from the IMF known as "la apertura" was adopted by the government as an open trade strategy. Although the analysis of the results are not clear, the fact is that the agricultural sector was severely impacted by this policy.
In 1991 and 1992, the government passed laws to stimulate foreign investment in nearly all sectors of the economy. The only activities closed to foreign direct investment are defense and national security, disposal of hazardous wastes, and real ...
See also:Economy of Colombia, Economy of Colombia - History, Economy of Colombia - Mining and Energy, Economy of Colombia - Trade, Economy of Colombia - Foreign Investment, Economy of Colombia - Statistics, Economy of Colombia - Notes Read more here: » Economy of Colombia: Encyclopedia II - Economy of Colombia - Foreign Investment |
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| | | | Colombia - Economy: Encyclopedia - Brazil The Federative Republic of Brazil (in Portuguese, República Federativa do Brasil; pron. IPA /ʁe.'pu.bli.kɐ fe.de.ɾa.'tʃi.vɐ du bɾa.'ziw/) is the largest and most populous country in Latin America, and fifth largest in the world. Spanning a vast area between central South America and the Atlantic Ocean, it is the easternmost country of the Americas and it borders Uruguay, Argentina, Paraguay, Bolivia, Peru, Colombia, Venezuela, Guyana, Suriname and the French de ...
Including:
Read more here: » Brazil: Encyclopedia - Brazil |
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| | | | Colombia - Economy: Encyclopedia II - History of Colombia - Recent developments As of 2004, two years after its implementation began, the security situation of inside Colombia has suffered some measure of an improvement and the economy, while still fragile, has also shown some positive signs according to observers, but relatively little has yet to have been accomplished in structurally solving most of the country's other grave problems, possibly in part due to legislative and political conflicts between the administration and the Colombian Congress (including those over the controversial project to eventually re-elect Uribe), ...
See also:History of Colombia, History of Colombia - Pre-Columbian period, History of Colombia - Colonial times, History of Colombia - Struggle for independence, History of Colombia - The Republic, History of Colombia - The National Front, History of Colombia - Post-National Front years, History of Colombia - Post 1990, History of Colombia - Recent developments, History of Colombia - External link Read more here: » History of Colombia: Encyclopedia II - History of Colombia - Recent developments |
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| | | | Colombia - Economy: Encyclopedia II - Bogotá - Economy Bogotá is Colombia's largest economic center, followed by Medellín, Cali, and Bucaramanga—residents refer to it as Colombia's "first city". Most companies in Colombia have their headquarters in Bogotá, as it is home to most foreign companies doing business in Colombia as well as Colombia's main stock market. After mining, the three largest sectors of Colombia and Bogotá's economy are the expor ...
See also:Bogotá, Bogotá - Geography, Bogotá - History, Bogotá - Flag, Bogotá - Coat of Arms, Bogotá - Anthem, Bogotá - Economy, Bogotá - Culture, Bogotá - Transportation, Bogotá - Transmilenio, Bogotá - Bike Paths Network, Bogotá - Goods and Services, Bogotá - Sports, Bogotá - Parks, Bogotá - Trivia Read more here: » Bogotá: Encyclopedia II - Bogotá - Economy |
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| | | | Colombia - Economy: Encyclopedia II - Bogotá - Economy Bogotá is Colombia's largest economic center, followed by Cali, Medellín, and Bucaramanga—residents refer to it as Colombia's "first city". Most companies in Colombia have their headquarters in Bogotá, as it is home to most foreign companies doing business in Colombia as well as Colombia's main stock market. After mining, the three largest sectors of Colombia and Bogotá's economy are the expor ...
See also:Bogotá, Bogotá - Geography, Bogotá - History, Bogotá - Flag, Bogotá - Coat of Arms, Bogotá - Anthem, Bogotá - Economy, Bogotá - Transportation, Bogotá - Transmilenio, Bogotá - Bike Paths Network, Bogotá - Goods and Services, Bogotá - Sports, Bogotá - Parks, Bogotá - Trivia Read more here: » Bogotá: Encyclopedia II - Bogotá - Economy |
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| | | | Colombia - Economy: Encyclopedia II - Bogotá - Sports Bogotá's best known and most popular soccer clubs are Millonarios and Independiente Santa Fe, although is easy to find fans from every soccer club in Colombia.
Excluding soccer, Bogota (like the rest of Colombia) lacks of any professional teams. However, sports like volleyball, basketball and skateboarding are common in Bogota's parks and streets.
Number one in roller speed skating Colombia proved the dominating nation in roller speed skating at the 2005 World Games in Duisburg with three gold, four silver and four bronze meda ...
See also:Bogotá, Bogotá - Geography, Bogotá - History, Bogotá - Flag, Bogotá - Coat of Arms, Bogotá - Anthem, Bogotá - Economy, Bogotá - Transportation, Bogotá - Transmilenio, Bogotá - Bike Paths Network, Bogotá - Goods and Services, Bogotá - Sports, Bogotá - Parks, Bogotá - Trivia Read more here: » Bogotá: Encyclopedia II - Bogotá - Sports |
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| | | | Colombia - Economy: Encyclopedia II - Bogotá - Culture Bogotá has traditionally been a major center of art, culture, and learning in northern South America. Bogotá is home to several universities. The oldest are Universidad Santo Tomás, founded in 1580 and Universidad del Rosario, founded in 1653. Others include the National University of Colombia, Los Andes University, Pontifical Javerian University (Pontificia Universidad Javeriana), the Universidad Externado de Colombia, and Universidad D ...
See also:Bogotá, Bogotá - Geography, Bogotá - History, Bogotá - Flag, Bogotá - Coat of Arms, Bogotá - Anthem, Bogotá - Economy, Bogotá - Culture, Bogotá - Transportation, Bogotá - Transmilenio, Bogotá - Bike Paths Network, Bogotá - Goods and Services, Bogotá - Sports, Bogotá - Parks, Bogotá - Trivia Read more here: » Bogotá: Encyclopedia II - Bogotá - Culture |
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