The OECD Economic Survey tries to show the situation of Colombia, and the possibility that Colombia has to be member of this group. This opportunity can push Colombia to a big progress of its economy, productivity and potential.

2. Is an international economic organisation of 34 countries founded in 1961 to
stimulate economic progress and world trade. It is a forum of countries
committed to democracy and the market economy, providing a platform to
compare policy experiences, seek answers to common problems, identify good
practices and co-ordinate domestic and international policies of its members.
This countries were taking part of this process, this international economic
organization has a main role of stimulate economic progress around the word
and also trade between the different countries.

3. Colombia is Latin America's fourth largest economy and its short-term
growth prospects remain strong by OECD and Latin American standards.
To ensure sustainable and inclusive growth over the medium-term, the
Colombian authorities are faced with three key challenges: adjusting to the
commodity boom, boosting productivity growth and reducing income
inequality.
The OECD Economic Survey tries to show the situation of Colombia, and
the possibility that Colombia has to be member of this group. This
opportunity can push Colombia to a big progress of its economy,
productivity and potential. Colombia has been considered one of the
countries with the most high development index in South America with
Brazil, Chile and Argentina. But despite of the development index, there are
some problems that has to be studied deeply and Colombia has to boost to
approved in the OECD group.

4. The main aspect of this study is the analysis of the current
Colombia’s situation toward the option to access to the OECD
of integrates Colombia to this group. We will discuss the
different aspects that Colombia must to improve, between
them are infrastructure, transport, economic development and
the different obstacles to overcome.

14. Colombia exhibits an infrastructure gap with respect to other emerging countries. In
particular the QUALITY ( paved roads out of total roads ) and QUANTITY ( number of
roads per km2) are low.
The rail and river transport represents the 15 and 4% respectively

19. • In the case of Chile and Mexico, the OECD report upped this year’s
expectations fuelled by strong domestic demand, but for 2014 was
less enthusiastic since exports to rich countries are expected to drop.
• For the second year running Chile becomes the OECD member with
the highest GDP expansion which this year will reach 5.2% compared
to the 1.4% average. November’s estimate in 0.8 percentage points
higher than last May’s forecast.

20. • The OECD report underlines the good performance of the Chilean
economy based on the strong domestic demand as real salaries
have increased as well as new jobs with an unemployment rate that
has dropped from an average 7.1% in 2011 to 6.5% this year
• Mexico’s GDP is poised to increase 3.8% this year, the third highest
behind Chile and Turkey, mainly because of the notorious increase
of productivity in the manufacturing sector which has helped the
country recover its overseas markets’ share.
• So close and dependent of the US economy and its slower activity
next year, Mexico is forecasted to see growth limited to 3.3% in
2013, but will rebound to 3.6% in 2014 as the global economy
recovers.

21. • Colombia's economic growth has been relatively stable but
still needs to improve.
• The country has a significant productivity gap compare to
the OECD countries, which reflects the low level of human,
physical and total factor productivity.
• In addition, Colombia has been a labor productivity growth
low and broad-based, mainly due to a overall decline in total
factor productivity since the 1980s, related to insecurity and
low investments.
• The commodity boom has recently driven activity and has
affected other tradable sectors.

22. • Improving the security have been conducted in the last decade
have stimulated investment and growth, which should also
benefit from recent reforms.
• However, order to further reduce the productivity gap and
generating higher sustainable growth, adopt reforms necessary
to address the main constraints. The education system should
improve with new government reforms and efficiently provide
public funds and to focus on the technical skills and training.
• Investment in infrastructure transport should be improved
priority setting and planning.. we need to increase access to
credit by regulation more efficient, more competition and a
more active participation of development banks
• Colombia must invest in human and physical capital has to
Improve the education system, must create better training for
graduates who constitute the majority of the labor force, it
would allow the workforce to adjust to technological
advances and respond to market requirements.

23. • Multimodal strategies should be a central part of the
logistics and mobility policies, implying better
coordination among different entities in charge of each
mode of transport.
• Develop more efficient programs to the multimodal
transport to boost connectivity of different transport
modes
• Improving in transport infrastructure would increase
productivity, as it would give businesses greater access to
markets and enable them to exploit economies of scale.
• Reduce labor costs related that are extremely high by
applying the envisaged tax reform and greater reduction
in social security contributions and other mandatory
payments related to work.
• Ensure that revised distribution of royalties in the whole
country results in viable projects.