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Latin America Update

Latin America Update

Colombia: Reform agenda must keep up with commodity boom

In a recent visit to the UK, the President of Colombia, Juan Manuel Santos, underlined his ambitious plans for the expansion of his country’s burgeoning commodities sector. But while that may support GDP growth in the near-term and ensure that the economy outperforms, he must continue to push through structural reforms to ensure that the manufacturing sector is not squeezed by the booming commodities sector.

 

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