Colombia Inversión Extranjera Directa
OCAMPO
URIBE
Code:
766848
ESTEBAN
ZAPATA
MEJIA
Code:
764337
Country:
Colombia
The
country
chosen
for
the
current
essay
is
Colombia
and
the
main
objective
is
to
provide
the
current
information
in
economical
terms
and
show
how
FDI
and
trade
policy
is
impacting
national
economy.
Colombia
is
located
in
the
Northwest
corner
of
South
America,
with
an
estimated
population
in
2011
of
46
million
of
inhabitants1.
Its
GDP
is
285.5112
million
USD,
thus
having
a
GDP
per
capita
of
6.685
USD.
In
the
last
10
years
the
situation
of
the
country
has
changed
due
to
the
security,
political
and
economic
stability
that
the
country
has
reached
thanks
to
the
former
ex-‐president
Alvaro
Uribe,
and
its
“Democratic
Security
policy”,
which
improved
the
confidence
of
external
investors
in
Colombia,
and
to
the
current
one,
Juan
Manuel
Santos
who
has
continued
Uribe´s
most
important
policies.
As
it
can
be seen,
the
GDP
has
reached
a
stable
positive
grow
rate
in
the
mentioned
time,
adjusted
by
inflation.
Graphic
1
1 2
DANE:
National
department
of
statistics.
Estimated
by
IMF
for
2011
Even
comparing
with
Latin
American
countries
the
average
growth
of
Colombia
is
higher
Graphic
2
Also,
compared
to
the
world
Colombia
enjoys
a
comparatively
dinamic
growth
Graphic
3
As
the
GDP
grow
rate
has
improved,
also has
the
balance
of
payments,
as
shown
Table
1
The
huge
negative
change
in
the
balance
from
2006
to
2007
is
explained
by
the
political
conflicts
between
Colombia
and
Venezuela,
which
at
that
time
was
the
second trading
partner
of
Colombia,
after
United
States.
After
that
new
markets
were
opened
and
the
balance
of
payments
went
back
to
its
natural
course
Colombia
mainly
exports
traditional
goods,
which
are
oil,
coal,
coffee
and
ferronickel
accounting
for
the
73%
of
total
exports.
So,
it
can
be
said
that
in
this
products,
Colombia
has
a
competitive
advantage
compared
to
other
countries.
The
product
to
be
analyzed
will
be
coal,
as
it
...
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