Colombia has a host of problems but the government of President Juan Manuel Santos is making real progress on several fronts. The economy is outperforming most of its Latin American neighbours and foreign direct investment is pouring in. Peace talks to end 50 years of violence from the guerilla group Farc continue but further reforms are needed to reduce inequality and legalise land ownership.

COLOMBIA is a lesson in how a nation lives on the edge. The economy has been going well for the past year, the climate for foreign investment is good, and peace talks with the guerrilla group Farc - the Revolutionary Armed Forces of Colombia - have been making progress.

But the prob...

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Dr. Joseph S. Tulchin
We can expect Colombia to continue its positive macroeconomic performance over the next three to five years. Any increase in the price of crude oil will stimulate growth anywhere between half and one full per cent of GDP
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