By mid-2009 Colombian President Alvaro Uribe had actually ended years of virtual civil war and reinforced business environment, however he dealt with hard financial difficulties. He had actually set up popular market reforms and brought inflation down dramatically, Colombia appeared stuck in a middle ground, industrially behind Brazil or Chile however ahead of poorer Latin American nations.
Public financial investment in transportation and other facilities - a incessant challenge to development in mountainous Colombia - stayed too low. Colombia at present had access to the U.S. market however still had a fairly closed economy compared with next-door neighbors such as Mexico or Chile.
PUBLICATION DATE: January 21, 2010 PRODUCT #: 710012-HCB-ENG
This is just an excerpt. This case is aboutĀ GLOBAL BUSINESS