Posted July 25, 2022 10:44 pm by Comments

Colombia’s Economy May Yet Catch Up to the Hype (Bloomberg) $ (Non-Paywalled)

  • The country is full of entrepreneurial energy and vibrant businesses but has struggled to achieve robust growth. That could change.
  • [Left-wing president] Petro’s party holds only a small number of seats in the two houses of Congress, limiting its influence.
  • By World Bank estimates, Colombia has a per capita income of slightly more than $16,000, using purchasing power parity standards. For purposes of comparison, Mexico comes in at slightly over $20,000. Argentina is considered to have been an economic failure since the Peronist years, but still has a per capita income exceeding $22,000.

Similar Posts:

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.