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Colombia (Spanish: República de Colombia?·i, Spanish pronunciation: [re'pußlika ðe ko'lombja]), is a country in north-western South America. Colombia is bordered to the east by Venezuela[4] and Brazil;[5] to the south by Ecuador and Peru;[6] to the north by the Caribbean Sea; to the north west by Panama; and to the west by the Pacific Ocean. Colombia also shares maritime borders with Jamaica, Haiti, the Dominican Republic, Honduras, Nicaragua and Costa Rica.[7][8] Colombia is the 26th largest nation in the world and the fourth largest in South America (after Brazil, Argentina, and Peru). It has the 29th largest population in the world and the second largest in South America, after Brazil. Colombia has the third largest Spanish-speaking population in the world after Mexico and Spain.

The territory of what is now Colombia was originally inhabited by indigenous tribes including the Muisca, Quimbaya, and Tairona. The Spanish arrived in 1499 and initiated a period of conquest and colonisation which ultimately led to the creation of the Viceroyalty of New Granada (comprising modern-day Colombia, Venezuela, Ecuador and Panama) with its capital at Bogotá.[9] Independence from Spain was won in 1819, but by 1830 "Gran Colombia" had collapsed with the secession of Venezuela and Ecuador. What is now Colombia and Panama emerged as the Republic of New Granada. The new nation experimented with federalism as the Granadine Confederation (1858), and then the United States of Colombia (1863), before the Republic of Colombia was finally declared in 1886.[2]Panama seceded in 1903.

Colombia has a long tradition of constitutional government, and the Liberal and Conservative parties, founded in 1848 and 1849 respectively, are two of the oldest surviving political parties in the Americas. However, tensions between the two have frequently erupted into violence, most notably in the Thousand Days War (1899-1902) and La Violencia, beginning in 1948. Since the 1960s, government forces, left-wing insurgents and right-wing paramilitaries have been engaged in the continent's longest-running armed conflict. Fuelled by the cocaine trade, this escalated dramatically in the 1990s. However, the insurgents lack the military or popular support necessary to overthrow the government, and in recent years the violence has been decreasing. Many paramilitary groups have demobilised as part of a controversial peace process with the government, and the guerrillas have lost control in many areas where they once dominated.[2] Meanwhile Colombia's homicide rate, for many years the highest in the world, has almost halved since 2002.[10]

Colombia is a standing middle power[11] with the fourth largest economy in South America. It is very ethnically diverse, and the interaction between descendants of the original native inhabitants, Spanish colonists, African slaves and twentieth-century immigrants from Europe and the Middle East has produced a rich cultural heritage. This has also been influenced by Colombia's varied geography. The majority of the urban centres are located in the highlands of the Andes mountains, but Colombian territory also encompasses Amazon rainforest, tropical grassland and both Caribbean and Pacific coastlines. Ecologically, Colombia is one of the world's 17 megadiverse countries.

Etymology
The word "Colombia" comes from the name of Christopher Columbus (Italian: Cristoforo Colombo, Spanish: Cristóbal Colón). It was conceived by the revolutionary Francisco de Miranda as a reference to all the New World, but especially to those territories and colonies under Spanish and Portuguese rule. The name was later adopted by the Republic of Colombia of 1819, formed out of the territories of the old Viceroyalty of New Granada (modern day Colombia, Panama, Venezuela and Ecuador).[12]

In 1830, when Venezuela and Ecuador broke away, the Cundinamarca region that remained became a new country — the Republic of New Granada. In 1858 New Granada officially changed its name to the Granadine Confederation, then in 1863 the United States of Colombia, before finally adopting its present name — the Republic of Colombia — in 1886.

Geography
Colombia is the 26th largest nation in the world and the fourth largest in South America. It is bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by Panama and the Caribbean Sea; and to the west by the Pacific Ocean. Colombia is the only country in South America to touch both Atlantic and Pacific oceans.

Part of the Pacific Ring of Fire, a region of the world subject to earthquakes and volcanic eruptions, Colombia is dominated by the Andes mountains. Beyond the Colombian Massif (in the south-western departments of Cauca and Nariño) these are divided into three branches known as cordilleras (from the Spanish for "rope"): the Cordillera Occidental, running adjacent to the Pacific coast and including the city of Cali; the Cordillera Central, running between the Cauca and Magdalena river valleys (to the west and east respectively) and including the cities of Medellín, Manizales and Pereira; and the Cordillera Oriental, extending north east to the Guajira Peninsula and including Bogotá, Bucaramanga and Cúcuta. Peaks in the Cordillera Occidental exceed 13,000 ft (4,000 m), and in the Cordillera Central and Cordillera Oriental they reach 18,000 ft (5,500 m).[13] At 8,500 ft (2,600 m), Bogotá is the highest city of its size in the world.

East of the Andes lies the savanna of the Llanos, part of the Orinoco River basin, and, in the far south east, the jungle of the Amazon rainforest. Together these lowlands comprise over half Colombia's territory, but they contain less than 3% of the population. To the north the Caribbean coast, home to 20% of the population and the location of the major port cities of Barranquilla and Cartagena, generally consists of low-lying plains, but it also contains the Sierra Nevada de Santa Marta mountain range, which includes the country's tallest peaks (Pico Cristóbal Colón and Pico Simón Bolívar), and the Guajira Desert. By contrast the narrow and discontinuous Pacific coastal lowlands, backed by the Serranía de Baudó mountains, are covered in dense vegetation and sparsely populated. The principal Pacific port is Buenaventura.

Colombian territory also includes a number of Caribbean and Pacific islands.


Climate
The climate of Colombia is primarily determined by its proximity to the equator, with tropical and isothermal climate predominating. Other influences are the trade winds and the effect of the Intertropical Convergence Zone on precipitation. Colombia is also affected by the El Niño and La Niña phenomena.

Temperatures generally decrease about 3.5°F (2°C) for every 1,000-ft (300-m) increase in altitude above sea level, presenting perpetual snowy peaks to hot river valleys and basins. Rainfall is concentrated in two wet seasons (roughly corresponding to the spring and autumn of temperate latitudes) but varies considerably by location. Colombia's Pacific coast has one of the highest levels of rainfall in the world, with the south east often drenched by more than 200 in (500 cm) of rain per year. On the other hand rainfall in parts of the Guajira Peninsula seldom exceeds 30 in (75 cm) per year. Rainfall in the rest of the country runs between these two extremes.


Altitude not only affects temperature but is also one of the most important influences on vegetation patterns. The mountainous parts of the country can be divided into several vegetation zones according to altitude, although the altitude limits of each zone may vary somewhat depending on the latitude. Below 3,300 ft (1,000 m) are the tropical crops of the tierra caliente (hot land). The most productive land and the majority of the population can be found in the tierra templada (temperate land, 3,300-6,600 ft or 1,000-2,000 m), which provide the best conditions for the country's coffee growers, and the tierra fría (cold land, 6,600-10,500 ft, 2,000-3,200 m), where wheat and potatoes dominate. Beyond this lie the alpine conditions of the zona forestada (forested zone, 10,500-12,800 ft, 3,200-3,900 m) and then the treeless grasslands of the páramos (12,800-15,100 ft, 3,900-4,600 m). Above 15,100 ft (4,600 m), where temperatures are below freezing, is the tierra helada, a zone of permanent snow and ice.

Colombian flora and fauna also interact with climate zone patterns. Scrub woodland of scattered trees and bushes dominates the semi-arid north-eastern steppe and tropical desert. To the south, savanna (tropical grassland) vegetation covers the eastern plains, the Colombian portion of the Llanos. The rainy areas in the south east are blanketed by tropical rainforest. In the mountains, the spotty patterns of precipitation in alpine areas complicate vegetation patterns. The rainy side of a mountain may be lush and green, while the other side, in the rain shadow, may be parched. As a result Colombia is one of the world's 17 megadiverse countries.

Environmental issues
The environmental challenges faced by Colombia are caused by both natural hazards and human agency. Many natural hazards result from Colombia's position along the Pacific Ring of Fire and the consequent geological instability. Colombia has 15 major volcanoes, the eruptions of which have on occasion resulted in substantial loss of life, such as at Armero in 1985, and geological faults that have caused numerous devastating earthquakes, such as the 1999 Armenia earthquake. Heavy floods both in mountainous areas and in low-lying watersheds and coastal regions regularly cause deaths and considerable damage to property during the rainy seasons. Rainfall intensities vary with the El Niño Southern Oscillation which occurs in unpredictable cycles, at times causing especially severe flooding.

Human induced deforestation has substantially changed the Andean landscape and is creeping into the rainforests of Amazonia and the Pacific coast. Deforestation is also linked to the conversion of lowland tropical forests to oil palm plantations. However, compared to neighbouring countries rates of deforestation in Colombia are still relatively low.[15] In urban areas industry, the use of fossil fuels, and other human produced waste have contaminated the local environment, and demand from rapidly expanding cities has placed increasing stress on the water supply as watersheds are affected and ground water tables fall. Participants in the country's armed conflict have also contributed to the pollution of the environment. Illegal armed groups have deforested large areas of land to plant illegal crops, with an estimated 99,000 hectares used for the cultivation of coca in 2007,[16] while in response the government have fumigated these crops using hazardous chemicals. Insurgents have also destroyed oil pipelines creating major ecological disasters.


History

Pre-Columbian era
Approximately 10,000 BC, hunter-gatherer societies existed near present-day Bogotá (at "El Abra" and "Tequendama") which traded with one another and with cultures living in the Magdalena River Valley.[17] Beginning in the first millennium BC, groups of Amerindians developed the political system of "cacicazgos" with a pyramidal structure of power headed by caciques. Within Colombia, the two cultures with the most complex cacicazgo systems were the Tayronas in the Caribbean Region, and the Muiscas in the highlands around Bogotá, both of which were of the Chibcha language family. The Muisca people are considered to have had one of the most developed political systems in South America, after the Incas.

Spanish discovery, conquest, and colonization
Spanish explorers made the first exploration of the Caribbean littoral in 1499 led by Rodrigo de Bastidas. Christopher Columbus navigated near the Caribbean in 1502. In 1508, Vasco Nuñez de Balboa started the conquest of the territory through the region of Urabá. In 1513, he was the first European to discover the Pacific Ocean which he called Mar del Sur (or "Sea of the South") and which in fact would bring the Spaniards to Peru and Chile. The territory's main population was made up of hundreds of tribes of the Chibchan and Carib, currently known as the Caribbean people, whom the Spaniards conquered through warfare and alliances, while resulting disease such as smallpox, and the conquest and ethnic cleansing itself caused a demographic reduction among the indigenous.[19] In the sixteenth century, Europeans began to bring slaves from Africa.

Independence from Spain
Since the beginning of the periods of Conquest and Colonization, there were several rebel movements under Spanish rule, most of them either being crushed or remaining too weak to change the overall situation. The last one which sought outright independence from Spain sprang up around 1810, following the independence of St. Domingue in 1804 (present day Haiti), who provided a non-negligible degree of support to the eventual leaders of this rebellion: Simón Bolívar and Francisco de Paula Santander. Simón Bolívar had become the first President of Colombia, and Francisco de Paula Santander was Vice President; when Simón Bolívar stepped down, Santander became the second President of Colombia. The rebellion finally succeeded in 1819 when the territory of the Viceroyalty of New Granada became the Republic of Greater Colombia organized as a Confederation along Ecuador and Venezuela (Panama was part of Colombia).

Post-independence and republicanism
Internal political and territorial divisions led to the secession of Venezuela and Quito (today's Ecuador) in 1830. The so-called "Department of Cundinamarca" adopted the name "Nueva Granada", which it kept until 1856 when it became the "Confederación Granadina" (Grenadine Confederation). After a two year civil war in 1863, the "United States of Colombia" was created, lasting until 1886, when the country finally became known as the Republic of Colombia. Internal divisions remained between the bipartisan political forces, occasionally igniting very bloody civil wars, the most significant being the Thousand Days civil war (1899 - 1902) which together with the United States of America's intentions to influence in the area (especially the Panama Canal construction and control) led to the separation of the Department of Panama in 1903 and the establishment of it as a nation. Colombia engulfed in a year long war with Peru over a territorial dispute involving the Amazonas Department and its capital Leticia.

Soon after, Colombia achieved a relative degree of political stability, which was interrupted by a bloody conflict that took place between the late 1940s and the early 1950s, a period known as La Violencia ("The Violence"). Its cause was mainly mounting tensions between the two leading political parties, which subsequently ignited after the assassination of the Liberal presidential candidate Jorge Eliécer Gaitán on April 9, 1948. This assassination caused riots in Bogotá and became known as El Bogotazo. The violence from these riots spread through out the country and claimed the lives of at least 180,000 Colombians. From 1953 to 1964 the violence between the two political parties decreased first when Gustavo Rojas deposed the President of Colombia in a coup d'etat and negotiated with the guerrillas, and then under the military junta of General Gabriel París Gordillo.

After Rojas' deposition the two political parties Colombian Conservative Party and Colombian Liberal Party agreed to the creation of a "National Front", whereby the Liberal and Conservative parties would govern jointly. The presidency would be determined by an alternating conservative and liberal president every 4 years for 16 years; the two parties would have parity in all other elective offices. The National Front ended "La Violencia", and National Front administrations attempted to institute far-reaching social and economic reforms in cooperation with the Alliance for Progress. In the end, the contradictions between each successive Liberal and Conservative administration made the results decidedly mixed. Despite the progress in certain sectors, many social and political problems continued, and guerrilla groups were formally created such as the FARC, ELN and M-19 to fight the government and political apparatus. These guerrilla groups were dominated by Marxist doctrines.

Emerging in the late 1970s, powerful and violent drug cartels further developed during the 1980s and 1990s. The Medellín Cartel under Pablo Escobar and the Cali Cartel, in particular, exerted political, economic and social influence in Colombia during this period. These cartels also financed and influenced different illegal armed groups throughout the political spectrum. Some enemies of these allied with the guerrillas and created or influenced paramilitary groups.

The new Colombian Constitution of 1991 was ratified after being drafted by the Constituent Assembly of Colombia. The constitution included key provisions on political, ethnic, human and gender rights. The new constitution initially prohibited the extradition of Colombian nationals. There were accusations of lobbying by drug cartels in favor of this prohibition. The cartels had previously promoted a violent campaign against extradition, leading to many terrorist attack and mafia style executions. They also tried to influence the government and political structure of Colombia by means of corruption, as in the case of the 8000 Process scandal.


In recent years, the country has continued to be plagued by the effects of the drug trade, guerrilla insurgencies like FARC and paramilitary groups such as the AUC (later demobilized, though paramilitarism remains active), which along with other minor factions have engaged in a bloody internal armed conflict. President Andrés Pastrana and the FARC attempted to negotiate a solution to the conflict between 1998 and 2002 in which the government, more or less like Pakistan negotiations with the Taliban , believed the state could not fight forever and agreed to handle huge quantity of land in return for peace.Pastrana began to implement the Plan Colombia initiative, with the dual goal of ending the armed conflict and promoting a strong anti-narcotic strategy. This strategy had huge quantity of land to be officially set as "demilitarize" zones were no soldiers from neither side could reside, but as more and more attacks from the drug cartels persisted on the demilitarize zones the government soon realized the negotiations were a waste of time.

During the presidency of Álvaro Uribe, who was elected on the promise of applying military pressure on the FARC and other outlawed groups, with the promise that after nearly half a century of negotiation with no results was a sign that some entities "just cannot be negotiated with". Mostly through military pressure and increased military hardware from the US most security indicators improved, showing a steep decrease in reported kidnappings (from 3,700 in the year 2000 to 800 in 2005) and a decrease of more than 48% in homicides between July 2002 and May 2005. Guerillas have been reduced from 16,900 insurgents to 8,900 insurgents.

While some in the UN argue Colombia is violating human rights to achieve peace, most do not argue that increase military pressure has had considerable improvements that have favored economic growth and tourism.[20] The 2006–2007 Colombian parapolitics scandal emerged from the revelations and judicial implications of past and present links between paramilitary groups, mainly the AUC, and some government officials and many politicians, most of them allied to the governing administration.

Government
The government of Colombia takes place within the framework of a presidential representative democratic republic as established in the Constitution of 1991. In accordance with the principle of separation of powers, government is divided into three branches: the executive; the legislative; and the judicial. These operate alongside special control institutions (the offices of the Inspector General of Colombia and the Comptroller General of Colombia) and electoral institutions.

The President of Colombia serves as both head of state and head of government, followed by the Vice President and the Council of Ministers. The president is elected by popular vote to serve four-year terms and is currently limited to a maximum of two such terms (increased from one in 2005). At the provincial level executive power is vested in department governors, municipal mayors and local administrators for smaller administrative subdivisions, such as corregidores for corregimientos.

The legislative branch of government is represented nationally by the Congress, a bicameral institution comprising a 166-seat Chamber of Representatives (including four seats reserved for the representatives of minority communities and expatriates) and a 102-seat Senate (including two seats reserved for the representatives of indigenous communities). Members of both houses are elected two months before the president, also by popular vote and to serve four-year terms. At the provincial level the legislative branch is represented by department assemblies and municipal councils. All regional elections are held one year and five months after the presidential election.

The judicial branch is headed by the Supreme Court, consisting of 23 judges divided into three chambers (Penal, Civil and Agrarian, and Labour). The judicial branch also includes the Council of State, which has special responsibility for administrative law and also provides legal advice to the executive, the Constitutional Court, responsible for assuring the integrity of the Colombian constitution, and the Superior Council of Judicature, responsible for auditing the judicial branch. Colombia operates a system of civil law, which since 2005 has been applied through an adversarial system.


Administrative divisions
Main articles: Departments of Colombia and Municipalities of Colombia
See also: List of cities in Colombia and Corregimientos of Colombia
Colombia is divided into 32 departments and one capital district, which is treated as a department (Bogotá also serves as the capital of the department of Cundinamarca). Departments are subdivided into municipalities, each of which is assigned a municipal seat, and municipalities are in turn subdivided into corregimientos. Each department has a local government with a governor and assembly directly elected to four-year terms. Each municipality is headed by a mayor and council, and each corregimiento by an elected corregidor, or local leader.


In addition to the capital nine other cities have been designated districts (in effect special municipalities), on the basis of special distinguishing features. These are Barranquilla, Cartagena, Santa Marta, Cúcuta, Popayán, Tunja, Turbo, Buenaventura and Tumaco. Some departments have local administrative subdivisions, where towns have a large concentration of population and municipalities are near each other (for example in Antioquia and Cundinamarca). Where departments have a low population and there are security problems (for example Amazonas, Vaupés and Vichada), special administrative divisions are employed, such as "department corregimientos", which are a hybrid of a municipality and a corregimiento.

Foreign affairs
The foreign affairs of Colombia are headed by the President of Colombia and managed by the Minister of Foreign Affairs. Colombia has diplomatic missions in all continents and is also represented in multilateral organizations at the following locations:

Brussels (Mission to the European Union)
Geneva (Permanent Missions to the United Nations and other international organizations)
Montevideo (Permanent Missions to the Latin American Integration Association and Mercosur)
Nairobi (Permanent Missions to the United Nations and other international organizations)
New York (Permanent Mission to the United Nations)
Paris (Permanent Mission to UNESCO)
Rome (Permanent Mission to the Food and Agriculture Organization)
Washington DC (Permanent Mission to the Organization of American States)
The foreign relations of Colombia are mostly concentrated on combating the illegal drug trade, the fight against terrorism, improving Colombia's image in the international community, expanding the international market for Colombian products, and environmental issues. Colombia receives special military and commercial co-operation and support in its fight against internal armed groups from the United States, mainly through Plan Colombia, as well as special financial preferences from the European Union in certain products.

Colombia is a member of the Andean Community of Nations and the Union of South American Nations.

Defense
The executive branch of government has responsibility for managing the defense of Colombia, with the President commander-in-chief of the armed forces. The Ministry of Defense exercises day-to-day control of the military and the Colombian National Police. According to UN Human Development Report criteria, Colombia has 209,000 military personnel,[22] and in 2005 3.7% of the country's GDP went towards military expenditure,[23] both figures placing it 21st in the world. Within Latin America, Colombia's armed forces are the third-largest, behind Brazil and Mexico, and it spends the second-highest proportion of GDP after Chile. Since 2000 the Colombian military has also received substantial support from the United States government through the provisions of Plan Colombia.

The Colombian military is divided into three branches: the National Army of Colombia; the Colombian Air Force; and the Colombian National Armada. The National Police functions as a gendarmerie, operating independently from the military as the law enforcement agency for the entire country. Each of these operates with their own intelligence apparatus separate from the national intelligence agency, the Administrative Department of Security. The National Army is formed by divisions, regiments and special units; the National Armada by the Colombian Naval Infantry, the Naval Force of the Caribbean, the Naval Force of the Pacific, the Naval Force of the South, Colombia Coast Guards, Naval Aviation and the Specific Command of San Andres y Providencia; and the Air Force by 13 air units. The National Police has a presence in all municipalities.

Politics
For over a century Colombian politics were monopolised by the Liberal Party (founded in 1848 on an anti-clerical, broadly economically liberal and federalist platform), and the Conservative Party (founded in 1849 espousing Catholicism, protectionism, and centralism). This culminated in the formation of the National Front (1958-1974), which formalised arrangements for an alternation of power between the two parties and excluded non-establishment alternatives (thereby fuelling the nascent armed conflict).

By the time of the dissolution of the National Front, traditional political alignments had begun to fragment. This process has continued since, and the consequences of this are exemplified by the results of the last presidential election, held on 28 May 2006, which was won with 62% of the vote by the incumbent, Álvaro Uribe. President Uribe is from a Liberal background but he campaigned as part of the Colombia First movement with the support of the Conservative Party, and his hard line on security issues and liberal economics place him on the right of the modern political spectrum. In second place with 22% was Carlos Gaviria of the Alternative Democratic Pole, a newly formed social democratic alliance which includes elements of the former M-19 guerrilla movement. Horacio Serpa of the Liberal Party achieved third place with 12%. Meanwhile in the congressional elections held earlier that year the two traditional parties secured only 93 out of 268 seats available.

Despite a number of controversies, most notably the ongoing parapolitics scandal, dramatic improvements in security and continued strong economic performance have ensured that President Uribe remains extremely popular among the Colombian people, with his approval rating peaking at 91% in July 2008.[24] However, having served two terms, he will be constitutionally barred from seeking re-election in 2010.


Economy
In spite of the difficulties presented by serious internal armed conflict, Colombia's economy grew steadily in the latter part of the twentieth century, with gross domestic product (GDP) increasing at an average rate of over 4% per year between 1970 and 1998. The country suffered a recession in 1999 (the first full year of negative growth since the Great Depression), and the recovery from that recession was long and painful. However in recent years growth has been impressive, reaching 8.2% in 2007, one of the highest rates of growth in Latin America. Meanwhile the Colombian stock exchange climbed from 1,000 points at its creation in July 2001 to over 7,300 points by November 2008.[25]

According to International Monetary Fund estimates, in 2007 Colombia's nominal GDP was US$202.6 billion (37th in the world and fourth in South America). Adjusted for purchasing power parity, GDP per capita stands at $7,968, placing Colombia 82nd in the world. However, in practice this is relatively unevenly distributed among the population, and, in common with much of Latin America, Colombia scores poorly according to the Gini coefficient, with UN figures placing it 119th out of 126 countries. In 2003 the richest 20% of the population had a 62.7% share of income/consumption and the poorest 20% just 2.5%, and 17.8% of Colombians live on less than $2 a day.[26] Government spending is 37.9% of GDP.[2] Almost a quarter of this goes towards servicing the country's relatively high government debt, estimated at 52.8% of GDP in 2007.[26][2] Other problems facing the economy include weak domestic and foreign demand, the funding of the country's pension system, and unemployment (10.8% in November 2008[25]). Inflation has remained relatively low in recent years, standing at 5.5% in 2007.

Historically an agrarian economy, Colombia urbanised rapidly in the twentieth century, by the end of which just 22.7% of the workforce were employed in agriculture, generating just 11.5% of GDP. 18.7% of the workforce are employed in industry and 58.5% in services, responsible for 36% and 52.5% of GDP respectively.[2] Colombia is rich in natural resources, and its main exports include petroleum, coal, coffee and other agricultural produce, and gold.[27] Unofficially, illegal drugs are also a major export, with over 80% of the world's cocaine produced in Colombia, estimated to account for between 1 and 3% of the country's GDP.[28][29] Colombia is also known as the world's leading source of emeralds,[30] while over 70% of cut flowers imported by the United States are Colombian.[31] Principal trading partners are the United States (a controversial free trade agreement with the United States is currently awaiting approval by the United States Congress), Venezuela and China.[2] All imports, exports, and the overall balance of trade are at record levels, and the inflow of export dollars has resulted in a substantial re-valuation of the Colombian peso.

Economic performance has been aided by liberal reforms introduced in the early 1990s and continued during the current presidency of Álvaro Uribe, whose policies include measures designed to bring the public sector deficit below 2.5% of GDP. In 2008, the Heritage Foundation assessed the Colombian economy to be 61.9% free, an increase of 2.3% since 2007, placing it 67th in the world and 15th out of 29 countries within the region.[32] Meanwhile the improvements in security resulting from President Uribe's controversial "democratic security" strategy have engendered an increased sense of confidence in the economy. On 28 May 2007 the American magazine BusinessWeek published an article naming Colombia "the most extreme emerging market on Earth".[33]


 
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