OECD Economic Outlook, Volume 2015 Issue 2
This OECD Economic Outlook analyses the current economic situation and examines the economic policies required to foster a sustained recovery in member countries. The present issue covers the outlook to end 2017 for both OECD countries and selected non OECD economies. Together with a wide range of cross-country statistics, the Outlook provides a unique tool to keep abreast of world economic developments.
Colombia
Economic growth slowed in 2015 due to the fall in commodity prices, but is projected to gradually recover in 2016 and 2017 with investment and non-oil exports recovering. The sharp devaluation of the peso and the effect of El Niño have pushed inflation above the central bank’s target range. The peace talks set to conclude end-March 2016 will boost confidence and generate investment and jobs. Inequality and relative poverty have declined but remain high.
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