ColombiaEconomic problems of Latin AmericaLatin America is very diversified in its economic ideas and has been strongly influenced by the United States whether it follows American ideas or becomes very left-wing and against United States. Colombia's economy is relatively good compared to other Latin American countries. It has a free market economy with significant commercial investments and as many as the United States. Colombia's economy is directly related to its foreign direct investment. An extreme variety of crops and greater natural resources are the key to its economy. Colombia is also directly affected by foreign direct investment and has abandoned the imposition of tariffs and quotas to increase foreign direct investment. Foreign direct investments have a major impact on the Colombian economy. The Government of Colombia welcomes foreign direct investment. In the early 1990s, Colombia reformed its economy toward liberalization. He granted national treatment to foreign investors and increased controls on profits and capital. Since Colombia has imposed the same restrictions on both domestic and foreign investors, it has attracted many foreign investors. It is important to know the trends of foreign direct investment in Colombia. See the second graph reflecting Colombia's FDI outflows in 2011. This shows more of a general trend shared with other Latin American countries and that Colombia has become an important source of FDI abroad, mainly in the region. In 2000, Colombia was not a place where foreign investors would invest and its IFDI was quite low compared to other neighboring Latin American countries such as Peru and Venezuela. However, this trend has shifted since 2005 and Colombia's IFDI began to increase significantly and in 2008, with Colombia's IFDI stock rising to $67 billion; he already had s......half a paper......to be happy when a foreign country decides to invest in Colombia. Colombia is rich in natural resources and will excel if led by a successful government. Work Cited http://colombiareports.co/colombia-fdi-statistics/http://www.heritage.org/index/country/colombia http://www .state.gov/e/eb/rls/othr/ics /2013/204622.htmhttp://data.worldbank.org/indicator/NY.GDP.PCAP.CDhttp://en.wikipedia.org/wiki/Economy_of_Colombiahttp ://www.bbvaresearch.com/KETD/fbin/mult /1302_ColombiaOutlook_1Q13_tcm348-373665.pdf?ts=28112013http://www.business-humanrights.org/Links/Repository/318865http://www.witnessforpeace.org/downloads /Col_Multinationals_factsheet.pdfhttp://nacla.org/blog/2011 /6/5/multinational-corporations-colombia-land-grabhttp://en.wikipedia.org/wiki/Criticism_of_Coca-Colahttp://en.wikipedia.org /wiki/Drummond_Company