Colombia: Heading Down The Comeback Trail

Colombia's economy is struggling to emerge from its worst showing in two decades. Last year's government crisis, in which President Ernesto Samper was accused of taking $6 million in campaign donations from drug traffickers, occupied policymakers so much that they neglected the economy just as growth was slowing amid fallout from Mexico's peso crisis. GDP has fallen from its year-ago level for two quarters in a row, and second-quarter growth is expected to be weak.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.