Colombia’s economy steps up a gear

Colombia has been through a “political and economic turnaround”, and now offers an appealing macroeconomic story, says Peter Kohli on Marketwatch.com. Violence has declined markedly in the past decade, while inflation has been tamed and the government is keeping a strict eye on the public finances.

This improved backdrop has enticed foreign capital into the country: foreign direct investment doubled last year. Throw in rising consumption by the expanding middle class, which has nearly doubled in a decade, and it’s clear why growth reached 6% in 2013.

The outlook remains positive. Colombia’s main exports are oil and [...]

Want to read this article now?

MoneyWeek magazine

Latest issue:

Magazine cover
Faster and faster...

The frenzied pace of the high-tech revolution

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.