Colombia had a relatively ‘good’ crisis but following his victory in Sunday’s election the new President, Juan Manuel Santos, will need to pursue aggressive supply-side reforms to mitigate the threat of ‘Dutch disease’. Top of the list should be measures to address the nation’s onerous tax system, improve its poor infrastructure and boost the general business environment. By doing this Mr. Santos could secure medium-term growth of 5% per year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services