Fernando Henrique Cardoso (left) Bill Clinton, Juan Manuel Santos, Tony Blair, Ricardo Lagos and  former Spanish prime minister Felipe Gonzalez at the conference in Cartagena (photo: dpa)

Santos faces three challenges to exploit Colombia’s potential

Peace negotiations with Marxist rebels, more foreign direct investment and better social stability – those are the challenges facing newly re-elected Colombian President Juan Manuel Santos. State incapacity and inefficiency are barriers to progress, but if the conflict with the guerrillas ends, most economists believe that in five years Colombia would be a member of the OECD and, through the Pacific Alliance, one of the world’s major emerging economies.

PRESIDENT Juan Manuel Santos narrowly won re-election for a second four-year term in June 2014 and immediately began his effort to prove to his constituents in Col...

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Dr. Joseph S. Tulchin
The president won his majority in the run-off by pulling a significant bloc of votes from the centre-left candidates who had come fourth and fifth in the first round of voting
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