Description: Colombia : The Economic Foundation of Peace

Cover Image

QR Code

Colombia : The Economic Foundation of Peace

The book intends to trigger, and support policy debate in Colombia. The first part distills four thematic chapters, responsive to the country's current realities, as well as to the five decades of development partnership with the Bank, spannin...

Full description

Bibliographic Details
Main Authors:	Giugale, Marcelo M., Lafourcade, Olivier, Luff, Connie
Language:	English en_US
Published:	Washington, DC: World Bank 2013
Subjects:	ECONOMY PEACE BUILDING PEACE PROCESS GROWTH POLICY POVERTY REDUCTION INEQUITY GOVERNANCE APPROACH QUALITY STANDARDS ECONOMIC GROWTH MACROECONOMIC POLICY FISCAL ADMINISTRATION TAXATION PUBLIC DEBTS PUBLIC SECTOR MANAGEMENT FINANCIAL SYSTEMS PENSION REFORM SECTORAL ASSESSMENT SOCIAL SAFETY NETS LABOR MARKET POLICY INDIGENOUS POPULATIONS DECENTRALIZATION IN GOVERNMENT FEDERALISM JUDICIAL ADMINISTRATION INSTITUTIONAL FRAMEWORK CORRUPT PRACTICES POLICY REFORM AFFILIATES BALANCE SHEET BANK CAPITALIZATION BANKING SECTOR BONDS CENTRAL GOVERNMENT SPENDING COAL COLLATERAL COMMERCIAL BANKS CONSOLIDATION DEBT DEBT MANAGEMENT DEBT SERVICE DECENTRALIZATION DEFICITS EMPLOYMENT ENERGY CONSUMPTION ENVIRONMENTAL COSTS EXPENDITURES EXTREME POVERTY FARMS FINANCIAL SECTOR FISCAL POLICY GNP GOVERNMENT BANKS GOVERNMENT DEBT HEALTH CARE HEALTH INSURANCE HEALTH INSURANCE COVERAGE HEALTH SECTOR HOUSING HOUSING FINANCE INCOME INCOME INEQUALITY INSURANCE INSURERS INTERNATIONAL RESERVES INVENTORY LABOR COSTS LABOR FORCE LAND PRICES LAND TAXATION LAND USE LARGE CITIES LEGAL FRAMEWORK LICENSES LIQUIDITY MATURITY MIGRATION MORTGAGE LENDING MORTGAGE LOANS MUNICIPALITIES NATIONAL TAXES NATURAL RESOURCES NET WORTH OIL PRIVATE BANKS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRODUCERS PRODUCTIVITY PUBLIC DEBT PUBLIC HEALTH PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING PUBLIC TRANSPORT PUBLIC TRANSPORTATION RECAPITALIZATION REGULATORY FRAMEWORK RESOURCES MANAGEMENT RETURN ON ASSETS RISK MANAGEMENT ROADS SAFETY NETS SAVINGS SECURITIES SEWERAGE SERVICES SOCIAL COSTS SOCIAL INSURANCE SOCIAL SERVICES STATE BANKS SUBNATIONAL TAXES SUSTAINABLE GROWTH TAX TAX ADMINISTRATION TAX REFORMS TAX REVENUE TAX REVENUES TELECOMMUNICATIONS TRANSPORT TREASURY URBAN AREAS URBAN DEVELOPMENT URBAN POVERTY URBANIZATION UTILITIES WASTE MANAGEMENT WATER SUPPLY WELFARE GAINS
Online Access:	http://documents.worldbank.org/curated/en/2002/12/2130185/colombia-economic-foundation-peace http://hdl.handle.net/10986/15205

Description
Summary:	The book intends to trigger, and support policy debate in Colombia. The first part distills four thematic chapters, responsive to the country's current realities, as well as to the five decades of development partnership with the Bank, spanning the entire development spectrum. First, violence, sustainable peace, and development introduces the reader to the source of violence - armed, and social conflicts, and drug trade prevalent in the country - to form a framework of understanding on the economic, and social costs for building peace, and enable sustainable growth. Second, such growth is examined within the macroeconomic, and fiscal framework, to ensure a healthy financial system, and create a business environment to foster private sector development. Third, such eventual success, drives us through Colombia's traditional socioeconomic progress, though through its recent setbacks as well - economic recession, increased macroeconomic instability, and judicial uncertainty - all eroding potential welfare gains. Fourth, and ultimately, the demand for governance and quality of government reveals the coexisting problems faced by strong and weak governance, and explores a strengthened governance based on selectivity and gradualism in building high quality government. To support this analysis, the second part, provides sector-specific realities, including its fiscal framework, public debt management, financial sector and pension reform. The development agenda calls for a government to reach a higher growth plateau, allowing a chance for sharing in that growth, and making the state an icon of quality.