Regional development policy is a priority of Colombia’s government. The country has experienced sustained economic growth over the past decade; yet several territories still lack development opportunities. To promote growth in all regions the government has engaged in a series of reforms. For instance, it started allocating royalty payments generated by hydrocarbon resources to all departments and most municipalities, including those that are not endowed with natural resources. The reform also promotes better multilevel governance and represents a good policy practice for countries seeking to link natural resource development with regional development.
To support the current efforts of Colombia’s government, this report illustrates policy recommendations to help national authorities adopting a territorial approach to inclusive economic development. In particular, the OECD recommends to: a) improve the quantity and quality of regional statistics and formulate urban and rural taxonomies that help tailor policies to places; b) involve territorial constituencies in the design of policy interventions and allocate to them more implementation responsibilities within the framework of the National Development Plan; c) promote coordination among subnational bodies to scale up investment in territories to avoid that public investment – and royalty payments – gets dispersed in a myriad of small-scale projects.
"Since first taking office in 2010, President Santos has drawn on his considerable experience, both as an economist and as a former Finance and Foreign Trade Minister, to lead his country through a series of ambitious reforms and in advancing Colombia on the path to peace, prosperity and membership of the OECD. The Colombian people saw fit to reward his efforts in 2014 with a well-deserved re-election."
Mr. Angel Gurría, Secretary-General of the OECD, will host at the OECD Mr. Juan Manuel Santos, President of Colombia, on 7 November 2014.
English, PDF, 638kb
In Colombia, 42% of 25-64 year-old attained at least upper secondary education, a much smaller proportion than the OECD average of 75%. Only China, Indonesia, Mexico, Portugal and Turkey have smaller proportions (varying from 22% in China to 38% in Portugal).
Spanish, PDF, 733kb
En Colombia, el 42% de la población de 25 a 64 años tiene como mínimo educación media superior; una proporción mucho menor que el promedio de la OCDE de 75%. Sólo China, Indonesia, México, Portugal y Turquía tienen porcentajes más bajos (que van del 22% en China al 38% en Portugal.
This review offers a comprehensive assessment of the innovation system of Colombia, focusing on the role of government. It provides concrete recommendations on how to improve policies that affect innovation performance, including R&D policies and identifies good practices from which other countries can learn.
The Overall assessment and recommendations is also available in French and Spanish.
This report sets out the experiences of OECD countries in applying the concept of market definition in the telecommunications sector, with a particular focus on triple- and quadruple-play services. The findings are then related to existing regulations in Colombia to verify whether the relevant markets defined in regulatory decisions are consistent with the competition economics approach to identifying relevant markets.
The international community continues making progress toward greater cooperation to ensure effective information exchange in tax matters. The Global Forum on Transparency and Exchange of Information for Tax Purposes issued today 12 new reports that highlight action being taken by jurisdictions to implement the international standard for exchange of information on request.
Climate-related disasters have inflicted increasingly high losses on developing countries, and with climate change, these losses are likely to worsen. Improving country resilience against climate risks is therefore vital for achieving poverty reduction and economic development goals.
This report discusses the current state of knowledge on how to build climate resilience in developing countries. It argues that climate-resilient development requires moving beyond the climate-proofing of existing development pathways, to consider economic development objectives and resilience priorities in parallel. Achieving this will require political vision and a clear understanding of the relation between climate and development, as well as an adapted institutional set-up, financing arrangements, and progress monitoring and evaluation. The report also discusses two priorities for climate-resilient development: disaster risk management and the involvement of the private sector.
The report builds on a growing volume of country experiences on building climate resilience into national development planning. Two country case studies, Ethiopia and Colombia, are discussed in detail.
Colombia’s rich natural heritage as one of the world’s most bio-diverse countries is coming under increasing pressure from extractive industries, livestock grazing, urbanisation and car use, according to a new OECD report.