Colombia’s International Competitiveness Thanks to the market economy countries have had to adapt to compete internationally and ensure that their products are positioned in foreign markets, in order to this to happen countries have to improve and adjust their economic policies and social order to exploit its comparative advantages; due regional and multilateral agreements that increase trade, it is imperatively important to have advanced systems and competitiveness changing to harness their resources more optimally and be internationally competitive. Despite the efforts being made, Colombia has not presented significant advances in competitiveness. The latest international rankings show that instead of moving forward we are diminishing, this …show more content…
How can you measure the international competitiveness? How is Colombia in terms of international competitiveness? Secondly, What are the most important factors that have to be approached for the government to improve the international competitiveness? International Competitiveness is defined as “the degree to which a country can, under free and fair market conditions, meet the test of international markets, while simultaneously maintaining and expanding the real incomes of its citizens .” It is a generally concept in which competitiveness is measured compared with other countries; but also takes into account that the following definition of International competitiveness "refers to the measure of a country 's advantage or disadvantage in selling its products in international markets .” In this definition of International Competitiveness the country focuses on supporting and increasing the real incomes of its citizens. You could say that the two definitions are correct, that the first one is how competitiveness is measured and how to meet the test of international markets, and the second is a definition that has to do with the resources that the country has and how those resources add value …show more content…
Colombia in the Competitiveness Report Global , Ranked 69 out of 144 states studied for the period 2013 - 2014 (newly published report), in the earlier period, 2012 - 2013, occupied the same position, and for the period 2011 -2012 was ranked 68, which means that instead of improving on have been declining competitiveness, the ideal would be that every year the country escalate positions. However, it might be that the 69th among 144 is not as bad, but if we compare it against Latin America and the Caribbean, we are by under Peru (61), Mexico (55), Brazil (56), Panama (40), Costa Rica (54) and better positioned Chile (34) 5. All these countries have climbed positions ranking, but Colombia remained and has even regressed a position with these perfectly indicators the country could be losing foreign investment
“Plan Colombia.” 1999. Copy from Colombian Embassy to the United States. Center for International Policy Website. http://www.ciponline.org/colombia/plancolombia.htm (Accessed 02/07/14).
Colombia is a country located in South America. The country is home to illegal drug production of cocaine, which supplies most of the cocaine demand in the United States (U.S.) and Europe. Although cocaine production has decreased throughout the years by efforts between the US and Colombia, it is still a rampant problem in various countries. The never-ending drug productions, along with governmental problems, have played a massive role in terrorist activity in Colombia.
The future of Colombia is very bright; no country on this earth is in a better position with many rainforest, and strapping coffee reserves. Colombia began as a country under fire. Fighting to gain their independence from Spain, and enduring a civil war .The period of corrupt government and the cartel trying to keep a strong hold over Colombia. The country of cocaine and kidnappings is the best uncharted adventure haven in South America. If you ever get a chance to visit the beautiful country of Colombia do so it would be a great experience.
In order to understand the topic, it is important that you know about Colombia’s geographic location, in this way you will learn how our ethnic was formed. The Republic of Colombia is located in the northwestern region of South America, bordering to the east with Venezuela and Brazil, to the south with Ecuador and Peru, to the North West with the Pacific Ocean and Panama, to the North with the Caribbean Sea. Cartagena known as the Heroic city is located on the North of Colombia. It was founded in 1533 By Don Pedro de Heredia a Spanish conquer. Due to its excellent geographic location, from this time Cartagena became the most important ports in South America. Where African slaves arrived from Spain and Africa and they were sold in Colombia and South America.
When the country of Colombia is mentioned, chances are individuals automatically start composing images of famous actors and musicians that have rooted from Colombia such as Shakira and Sofia Vergara, the excellent reputation Colombian coffee has made across the globe, or even the beautiful Emeralds that surround the astonishing land. Of course all of those things matter, but Colombia is a country that is definitely swept under the rug and under appreciated. Colombia’s history, independence movements, governmental structure, and culture are just a few of the topics that make Colombia so unique.
There is a lot of history in Colombia! Independence was not made until Simon Bolivar made an army to defeat spanish troops from the battle of Boyaca in 1819. The FARC and the AUC had business with the drug trade. In 1970 and 1980 the Colombian industry grew from where it was in the past. In the year 1990 a national assembly with indigenous groups, people originally from the area country and the nontraditional parties got together to rewrite the constitution in the year 1886.
Nowadays, when someone thinks of Colombia, they unfortunately almost always think of two things, coffee and cocaine (with its associated guerilla warfare). It is true that during the last 50 years these two products, one legal, and the other not, have been great monetary contributors to the Colombian economy. Coffee is Colombia’s principal agricultural product, and it is also the country’s second largest export. The production of coffee uses 300,000 farms and employs almost one million people (Steiner 6). Conversely, cocaine is a completely illegal product, but it earns almost twice as much money as coffee (Steiner 6). Also, in contrast with the production of coffee, cocaine uses fewer employees but earns more money (Steiner 6). The history of the Colombian drug trade is something relatively recent, given that it pertains to the last 50 years of contemporary Colombian history. After World War II, there is evidence of the, “exportation of drugs from Colombia to the United States…since the 1950s Medellín was an international center of drug trade…” (Salazar 78). Basically, the drug trade had its small beginnings in the 1950s, and in the 1960s the different groups of drug lords began to consolidate into drug cartels. “The activity of dealing drugs in Colombia dates back to the 1970s with the cultivation and exportation of marijuana…” (Thoumi 139). In the 1970s, drug lords like Pablo Escobar, an extremely powerful mafia-like leader of the Colombian drug ring, took control and created a completely illegal and clandestine economy centered around narcotics. Little by little, these groups of drug lords and their cohorts, who divided themselves regionally, began to gain control. Eventually the situat...
The country of Colombia resides in northwestern South America. Colombia is the only country in South America with a coast on the Caribbean Sea and Pacific Ocean. The landscape and climate of Colombia offer wide range change. Beginning with snow-capped mountains in the Andes Mountains to the hot lowland plains. Colombia's population is larger in some areas and smaller in others. The climate difference in Colombia is a major problem for farmers. They are unable to grow crops such as: Coffee, rice, bananas, and potatoes. The economy is dependent on the agriculture. Nowadays, the agriculture of Colombia is much more diverse ever since the mid 1900's (World Book. 778).
Colombia is a country that is rich in soil and the most fertile in the world. Because Colombia has such rich and limitless resources it comes at a high price. One of these resources is considered to be a life line to a better life, which is called the coca leaf. Cocaine is a drug that has been around for many years. This drug hasn 't always been for recreational uses but just known as a pure coca leaf in the jungle. The coca leaf has not only transformed it 's self into a money-making drug but it has also transformed Colombia into the main supplier to all countries for its pure cocaine drug, making Colombia one of the most dangerous places in the world.
There are different things about colombia, one thing is that it is in South America. There different paces near Colombia, and in Colombia. So I going to tell you about the places, and out of Colombia.
Colombia. Ministerio de Industria, Comercio y Turismo. Resumen Del Tratado De Libre Comercio Entre Estados Unidos y Colombia. Web. .
Globalisation has been crucial to the economic and social development of Brazil. In the late twentieth century Brazil face years of economic, political and social instability experiencing high inflation, high income inequality and rapidly growing poverty. However after a change of government in the 1990s and large structural changes in both the economic and social landscapes, the brazilian economy has been experiencing a growing middle class and reduced income gap. Since the start of the 21st century, brazil has benefitted from the move to a more global economy.
Guion, P. (2012, January 25). Merco Press. Retrieved April 10, 2014, from South Atlantic News Agency: http://en.mercopress.com/2012/01/25/chile-the-most-globalized-economy-in-latin-america-says-ernst-young
Brazil’s economy is very diverse in a number of industries and is supported by its export of agricultural products, natural resources, manufacturing, and a multitude of services. The diversification of its exports reduces risk from unexpected and unanticipated market shocks, which provides strength and stability for investment. Brazil also has a trade surplus from its exporting, which provides a great deal of optimism for the country. According to A to Z Business World (2014), “Brazil is regarded as the World’s number one producer and exporter of several agricultural commodities including coffee, sugar cane, tropical fruits, and most recently soybeans.” The agricultural business accounts for approximately 23 percent of Brazil’s economy (IB Times, 2014). Brazil is also considered one of the world’s top food suppliers. With all the global food shortages, Brazil has become reliant on trading its agricultural commodities. The agricultural commodities are also a contributing factor to Brazil’s trade surplus. Brazil is renowned as the world leader in agricul...
To complete a Strengths Weaknesses Opportunities Threats (also known as SWOT) analysis presented to a developing country by globalisation, we must first understand the actual concept of globalisation itself. So how can we define this term? Joseph Stiglitz, a winner of the Nobel Prize defines Globalization as “the closer integration of the countries and peoples of the world ...brought about by the enormous reduction of costs of transportation and communication, and the breaking down of artificial barriers to the flows of goods, services, capital, knowledge, and people across borders.” Hence, we can understand that globalisation can be described as an expanding global marketplace for the trading of anything from transport of goods internationally,