According to the World Economic Forum’s Global Competitiveness Index, Colombia has never ranked among the top 50 countries, which makes this thesis unsurprising—because rather than an achievement, this is a historical accident. Amid the trade war declared by Mr. Trump and China’s giant strides, like it or not, Colombia is undergoing an economic transformation that […]
In April 2024, the Colombian economy registered a notable growth of 5.5%, according to the recent report from the National Administrative Department of Statistics (Dane). This increase is mainly attributed to the dynamism of the agricultural and mining sectors. After two years of uncertainty caused by the ambitious reindustrialization and decarbonization plan defined in the [...]
One of the main promises of President Gustavo Petro, is to design policies directed at attracting investments in other productive activities, not related to the extractive industry, like oil and mining. So it’s no accident to see, the tendency registered after one year of government is promising, where some Colombian industries evidenced a notable advance […]
Dubai-based airline Emirates has announced its intention to launch flights to Bogotá, Colombia, via Miami starting in June 2024. This announcement marks a significant moment in Colombian aviation as the Civil Aviation Authority of Colombia (Aerocivil) is expected to initiate an approval process for this new route. Emirates’ proposal to operate the route with Boeing […]
It was a crazy year the 2023. Globally, we’re witnessing a pole shift. Regionally, major changes are happening every few months. And in Colombia, the uncertainty is almost palpable. After fifteen months of the new progressive government, a lot of things are being said about the future of the country. Media and traditional powers are […]
Amidst a rapidly transforming global geopolitical landscape, Colombia faces significant economic challenges, characterized by low value-added generation and poor productivity performance. In recent decades, the country has experienced a setback in its industrial sector and a very incipient development in services based on innovation and knowledge. This situation is exacerbated by the high dependence on […]
