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Colombia


  • 23-February-2018

    English

    Public spending in education and student’s performance in Colombia

    This paper investigates if higher public spending in education and better teacher qualifications are related to student’s performance, using data from Saber 11, a national standardized test conducted by Instituto Colombiano para la Evaluación de la Educación.

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  • 26-October-2017

    English

    Reducing inequality to raise incomes and expand well-being for all Colombians

    The peace agreement will boost economic growth, but to share it fairly Colombia must also achieve better educational outcomes and bring more people into the more productive formal economy.

  • 18-October-2017

    English

    Reigniting growth through productivity-enhancing reforms in Colombia

    Over the past decade, sound macroeconomic policies and an improved business environment have helped generate relatively strong GDP growth.

  • 18-October-2017

    English

    Towards more inclusive growth in Colombia

    Growth has become more inclusive in recent years in Colombia. Strong growth and targeted social policies have reduced absolute poverty.

  • 25-May-2017

    English

    Economic Survey of Colombia 2017

    Since 2000, the quality of life of Colombians has improved markedly. Macroeconomic and social policies have sustained strong GDP growth and reduced poverty.

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  • 25-May-2017

    English

    OECD Economic Surveys: Colombia 2017

    Growth in Colombia has been among the strongest in the region, reflecting the flexible exchange rate and inflation targeting monetary policy, and fiscal rules. The strong growth and welfare programmes to the most vulnerable groups have substantially reduced poverty. Lower taxes and fees on wages have brought more people to better quality formal jobs, thereby raising both productivity and inclusiveness. Productivity and job opportunities have also been enhanced by recent reforms facilitating the opening of business, obtaining construction permits, registering property and paying taxes. However, productivity growth is still low and the gap between rich and poor among the highest in Latin America. Informality and gender gaps remain high, and social mobility low. Years of armed conflict, stringent local regulations and distortions in the tax system have created disparities in productivity and access to basic services across regions. Further simplifying procedures for company registration and the affiliation of workers to social security, improving labour market programmes, expanding early childhood education, and raising education quality would boost inclusion, social mobility and living standards. Greater and more affordable child, elderly and disability care would open the job market to more women. Raising productivity will be fundamental to continued increases in living standards for all Colombians.

    SPECIAL FEATURES: PRODUCTIVITY; INCLUSIVE GROWTH

  • 25-May-2017

    English

    OECD Economic Surveys: Colombia 2017

    Growth in Colombia has been among the strongest in the region, reflecting the flexible exchange rate and inflation targeting monetary policy, and fiscal rules. The strong growth and welfare programmes to the most vulnerable groups have substantially reduced poverty. Lower taxes and fees on wages have brought more people to better quality formal jobs, thereby raising both productivity and inclusiveness. Productivity and job opportunities have also been enhanced by recent reforms facilitating the opening of business, obtaining construction permits, registering property and paying taxes. However, productivity growth is still low and the gap between rich and poor among the highest in Latin America. Informality and gender gaps remain high, and social mobility low. Years of armed conflict, stringent local regulations and distortions in the tax system have created disparities in productivity and access to basic services across regions. Further simplifying procedures for company registration and the affiliation of workers to social security, improving labour market programmes, expanding early childhood education, and raising education quality would boost inclusion, social mobility and living standards. Greater and more affordable child, elderly and disability care would open the job market to more women. Raising productivity will be fundamental to continued increases in living standards for all Colombians.SPECIAL FEATURES: PRODUCTIVITY; INCLUSIVE GROWTH
  • 17-March-2017

    English, PDF, 108kb

    Going for Growth 2017 - Colombia

    This country note from Going for Growth 2017 for Colombia identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.

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  • 29-May-2015

    English

    Reforming the pension system to increase coverage and equity in Colombia

    Colombia is one of the most unequal countries in Latin America. The high level of informality in the labour market and many characteristics of the pension system leave many elderly in poverty. Only formal-sector employees earning more than the relatively high minimum wage are covered.

  • 29-May-2015

    English

    Making Colombia’s tax policy more efficient, fair and green

    Colombia needs a comprehensive tax reform that boosts revenues and shifts the tax burden to support more inclusive and green growth. Tax loopholes and exemptions that reduce the tax base and favour mainly the rich should be reduced significantly.

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