A Flowering Basketcase; From failed state to model reformer in just a few years, can it be Colombia?
Newsweek International, September, 2004 by Beith, Malcolm; Duffy, Mark
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Byline: Malcolm Beith (With Mark Duffy in Bogota)
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When one thinks of welcoming investment climates, Colombia doesn't usually spring to mind. To foreigners, the country is more famous for its guerrilla warfare, kidnappings, drug production and narco-terrorism. So it might come as a surprise that the World Bank, in a report this month on "Doing Business in 2005," deemed Colombia the second most improved country in the world in which to do business. The magnitude of private-sector reform in Colombia over the past year is "unique" in Latin America, says the report's ...
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