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Colombia's Economic Prospects

Presentation of "Economic Survey of Colombia", a publication by the Organization for Economic Cooperation and Development (OECD)

Date & Time

Thursday
Mar. 19, 2015
9:00am – 11:00am ET

Location

6th Floor, Woodrow Wilson Center
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Overview

The Colombian economy has done remarkably well over the last decade, consistently ranking among the fastest-growing in Latin America. It has attracted significant foreign investment, particularly in the oil and mining sectors, but further measures are needed to put the country on a path toward stronger, sustainable and inclusive growth. This is among the findings of a new Economic Survey of Colombia by the Organization for Economic Cooperation and Development (OECD), an organization that Colombia aspires to join. The OECD report identifies a number of policies critical for future growth and for reducing the high levels of income inequality, including a comprehensive tax reform to make the tax system more investment-friendly, efficient and fair. The report also calls for pension system reform to reduce poverty among the elderly. Boosting infrastructure investment—by fulfilling the government’s road concession program—and making sub-national investment more effective are also top priorities.    

Introduction

Cynthia J. Arnson
Director, Latin American Program
Woodrow Wilson International Center for Scholars

Speakers

Piritta Sorsa
Head of Division, Country Studies Branch
OECD Economics Department 

Christian Daude
Senior Economist, Head of the Colombia and Greece Desk
OECD Economics Department

Commentator

Gustavo Flores-Macías
Assistant Professor, Department of Government
Cornell University

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Hosted By

Latin America Program

The Wilson Center’s prestigious Latin America Program provides non-partisan expertise to a broad community of decision makers in the United States and Latin America on critical policy issues facing the Hemisphere. The Program provides insightful and actionable research for policymakers, private sector leaders, journalists, and public intellectuals in the United States and Latin America. To bridge the gap between scholarship and policy action, it fosters new inquiry, sponsors high-level public and private meetings among multiple stakeholders, and explores policy options to improve outcomes for citizens throughout the Americas. Drawing on the Wilson Center’s strength as the nation’s key non-partisan policy forum, the Program serves as a trusted source of analysis and a vital point of contact between the worlds of scholarship and action.  Read more

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