• SELECT SITE CURRENCY
Select a currency for use throughout the site
Despite Challenges, Colombia's Economy Is Well Positioned For Growth Jan 12
Standard & Poors, January 2012
Despite sluggish global economic growth in recent years, the economy of the Republic of Colombia has performed well, largely because of the country's increasingly solid macroeconomic policies. Final figures are not yet available, but Colombia's GDP is likely to have grown by about 5.5% in 2011. Colombia has its share of challenges, such as inadequate infrastructure and ongoing domestic violence. Nevertheless, Standard & Poor's Ratings Services believes that the Colombian economy is in a better position than before to absorb external shocks and sustain its long-term growth prospects, provided that the government continues with cautious macroeconomic policies and with its reform agenda. Colombia has started the year strongly. It entered 2012 with a modest fiscal deficit and low inflation (near...
Companies mentioned in this report are: Colombia (Republic of)
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
Colombia (Republic of)