OECD economic surveys Colombia 2013 : economic assessment Colombia 2013 :
OECD's 2013 Economic Survey of Colombia examines recent economic developments, policies, and prospects as well as taking a more detailed look at inequality and productivity and growth.
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Formato: | Libro electrónico |
Idioma: | Inglés |
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[Paris] :
OECD
2013.
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Colección: | OECD economic surveys,
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Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706049506719 |
Tabla de Contenidos:
- Table of contents; Basic statistics of Colombia, 2011; Executive summary; Box 1. Key policy recommendations; Assessment and recommendations; Key challenges; Table 1. The Colombian economy in perspective; Figure 1. The sources of real income differences; Figure 2. Progress in labour productivity has been slow; Figure 3. The divide between the rich and the poor is quite pronounced; Recent macroeconomic developments and short-term prospects; The mining boom helped Colombia weather the global economic slowdown; Figure 4. Recent macroeconomic developments
- The positive short-term prospects are clouded by downside risksFigure 5. Recent developments in consumer prices and real wages; Table 2. Projections for Colombia; Macroeconomic policies have been prudent and overall supportive; Box 2. The peace process; Figure 6. Fiscal outcomes; Table 3. The composition of central government debt has improved significantly; Figure 7. Spreads on credit default swaps (10 years); Figure 8. Exchange rate and interest rate differentials; Box 3. Recommendations on macroeconomic policy; Adjusting to the commodity boom and a stronger real exchange rate
- The expansion of the mining sector and the rising terms of trade have affected the level and composition of economic activityFigure 9. Developments in prices, exports and activity in resource-rich countries; Further policy reforms can help the adjustment process; Box 4. Free trade agreements concluded by Colombia; Figure 10. Colombia's main trading partners; Box 5. Colombia's structural fiscal balance rule; Figure 11. Share of total royalties allocated to individual regions before and after the reform; Box 6. The new royalty system
- Box 7. Main policy recommendations to facilitate the economy's adjustment to the commodity boomFurther structural reforms to boost sustainable economic growth and reduce income inequality; Improving the performance of the labour market; Figure 12. The unemployment rate is high; Figure 13. The minimum wage is relatively high; Figure 14. Informality, minimum wage and incomes by regions; Figure 15. Colombia spends more on education but gets less in return than many other countries; Box 8. Main policy recommendations to boost employment in the formal sector
- Improving public sector governance and product market regulationBox 9. Main policy recommendations to improve the institutional and regulatory business environment; Better access to credit to boost private investment and productivity; Figure 16. Interest rate spread in selected OECD and Latin American economies; Box 10. Main policy recommendations to promote private investment by improving access to credit; Investment in infrastructure to boost productivity and reduce regional disparities; Figure 17. Renegociation incidence of concession contracts in 8 Latin American countries
- Box 11. Main policy recommendations to improve infrastructure