Colombia faces a host of interlocking problems, but its president could achieve a landmark peace negotiation in 2015 and resolve other outstanding issues for its economy. Its rich natural resources have helped Colombia outperform its Latin American neighbours but there is work to do in reforming taxes, the justice system and making it more attractive to foreign direct investment.

THE NEXT 12 months could make 2015 go down in history as the year of peace for Colombia. The challenge will not be easy because of so many interlocking issues.

But can President Juan Manuel Santos’ government strengthen the national and local institutions necessary to deal with the consequences of...

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Dr. Joseph S. Tulchin
The government has announced several road building projects in the northern departments and projects designed to improve the size and efficiency of ports on the Pacific coast during 2015
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