Engaging the diaspora in internationalizing Colombia’s economy
The diaspora can support the country’s diversification and foster its economic integration into global value chains.
The diaspora can support the country’s diversification and foster its economic integration into global value chains.
Left unaddressed, power asymmetries in the world economy can negatively impact industrialization in the Global South.
Global trade has proved to be less vulnerable than many initially feared and may help drive the recovery.
The pandemic-induced crisis will have severe impacts on household incomes and industries in the region and requires swift policy actions.
The pandemic is causing massive disruptions to flows of foreign direct investments. Developing countries are likely to be hit the hardest.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.