Colombia : Inputs for Sub-Regional Competitiveness Policies
In recent years, the Government of Colombia (GoC) has placed a high priority on competitiveness. Increasing globalization trends and Colombia's decision to increase trade integration, with the negotiation of a free trade agreement (FTA) with t...
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Format: | Other Infrastructure Study |
Language: | English en_US |
Published: |
Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2008/06/9757560/colombia-inputs-sub-regional-competitiveness-policies http://hdl.handle.net/10986/8079 |
Summary: | In recent years, the Government of
Colombia (GoC) has placed a high priority on
competitiveness. Increasing globalization trends and
Colombia's decision to increase trade integration, with
the negotiation of a free trade agreement (FTA) with the US,
has led the government to focus on a complementary agenda to
boost competitiveness in order to reap the benefits of
increased trade integration. A bottom-up process of
consultation, known as the Domestic Agenda, was launched
with the aims of identifying key constraints at the local
and sector levels and developing a set of
competitiveness-oriented measures. This study aims at
helping the GoC to fine-tune the mix of policies and actions
to assist its regions in meeting development challenges and
grasping opportunities from trade liberalization. Defining
competitiveness as policies and actions to increase total
factor productivity (TFP), this report seeks to provide
inputs for the establishment of a strategy for sub regional
competitiveness and growth through both examining the recent
literature on the main instruments directed towards these
objectives and evaluating sub-regional endowments, capacity,
productive structure and the determinants of productivity
levels in selected regions of Colombia. Three key areas for
competitiveness are further explored: (a) overall investment
climate; (b) infrastructure and logistics; and (c) human
capital and innovation. |
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