Footnote:
Colombia
Latin America & Caribbean
English
en_US
Description:
The efficiency and productivity of Colombia's urban system will be a key determinant in the ability of the country to transition from a middle income to a higher-income economy. Colombia, as with most Latin American countries, has experienced positive growth rates in the past few years, mitigating the potential adverse impacts of the global financial crisis. High commodity prices as well as improvements in macroeconomic and financial management, diversification of trading partners (particularly through stronger links with China), and the safe integration into international financial markets are the main drivers for recent success in Colombia and the Latin American region (World Bank 2011). This book is organized as follows: chapter two concentrates on establishing patterns and trends of the spatial and urban transformation in Colombia. Key policy issues for Colombia's urbanization process are highlighted and policy alternatives considered. It also attempts to identify areas where further in-depth analysis would be valuable. Three of these areas are further developed in chapters three through five. The remainder of this chapter will highlight key messages from each of the three crosscutting themes of connectivity, coordination, and finance. The chapter will conclude with a discussion on the World Bank's strategic engagement strategy for sustainable cities