Irving, Texas (PRWEB) February 12, 2013
Colombia has achieved significant economic growth due to its economic reforms, currency appreciation, and huge inflow of FDI. The economy experienced moderate growth during 2006-2011 and is forecast to witness good growth over 2012-2017 and reach $451.6 billion by 2017.
Lucintel, a leading global management consulting and market research firm, makes a concise study and an insightful analysis on Colombia's political, economic, social environments and business risks and presents its findings in "PESTLE Analysis of Colombia 2012."
The Colombian government aims to achieve sustained economic growth by increasing social spending, establishing social justice, and reducing the gorillas over rural regions. The government is also aiming to diversify the export and investment base by promoting trade with Asian countries.
Lucintel has identified that high crime rate, drug trafficking, and heavy dependency on oil export are the major growth challengers. Strong foreign exchange reserve, good business environment, and highly educated labor pool are the drivers providing the economy with a competitive advantage.
Colombia registered a remarkable economic growth during the past decade. Colombia's economic growth is primarily driven by domestic demand under the influence of increasing middle class population followed by global demand, especially from Latin America and North America.
This market research report is an indispensable reference guide for materials suppliers, product
manufacturers, investors, executives, distributors, and many more that operate in the Colombian market. To make business, investment, and strategic decisions, you need timely, useful information these market reports fulfill these core needs. This report provides a detail political, social, legal, economic, R&D, technology, and environment analysis and SWOT analysis. The report deals with trend analysis of Colombia’s position in terms of GDP, pricing regulation, FDI, consumption, saving, and investment. This research study is designed and intended for use by new entrants, manufacturers, OEMs, investors, executives, and consultants focused on the market of Colombia.
For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk (at) lucintel (dot) com.Lucintel offerings include SWOT Analysis, Target Screening and Merger & Acquisition Consulting