Colombia’s development bank has brought in private-sector discipline
Some of Latin America’s worst roads are getting an upgrade
IT COSTS more to send a 40-foot container by road from Bogotá, Colombia’s capital, to Buenaventura on its Pacific coast than to ship it on from Buenaventura to Shanghai. According to the World Economic Forum, Colombia’s roads are among the worst in Latin America. For more than 20 years governments have tried to improve matters, with little success. Now Colombia is trying again.
This article appeared in the Finance & economics section of the print edition under the headline “The highway, my way”
Finance & economics September 15th 2018
- America is pushing the labour market to its limits
- What the sliding lira and economy mean for Turkey’s banks
- Hyperinflation is hard to grasp, harder still to tolerate
- Colombia’s development bank has brought in private-sector discipline
- Money managers and charities are offering joint investment products
- Markets are suffering from a nasty bout of millenarianism
- As regulators circle, China’s fintech giants put the emphasis on tech
- Tariffs may well bring some high-tech manufacturing back to America
From the September 15th 2018 edition
Discover stories from this section and more in the list of contents
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Canada and Mexico look likely to suffer
How Trump, Starmer and Macron can avoid a debt crunch
With deficits soaring, their finance ministers will have to be smart
What Scott Bessent’s appointment means for the Trump administration
The president-elect’s nominee for treasury secretary faces a gruelling job
What Donald Trump and Bernie Sanders get wrong about credit cards
Forget interest rates. Rewards are the real problem
Computers unleashed economic growth. Will artificial intelligence?
Two years after ChatGPT-3.5 arrived, progress has been slower than expected
Should investors just give up on stocks outside America?
No, but it is getting a lot harder to keep the faith