Colombia - Essay Examples and Topic Ideas

Colombia has gone through phases of their economy. Starting with the contractive phase, based around the 1990’s, exports had lost its value from international prices weakening. The next phase, the expansive phase, started in 1998 and ended in 2003 when commodities had started to rise once again. Ending with the stagnation phase, where oil prices have dropped by more then three times its price, in only two years. Halting the growth of their economy for the time being.

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