Economic Progress in Colombia

Since initiating market reforms in 1990 under the administration of President César Gaviria, Colombia’s economy has climbed from a GNI of $38 billion to over $435 billion today [1], with an expected growth rate of %4. GDP per capita increased a full 496% in the same time period; from $1,600 in 1990, to an estimated…

Chile Tops United States in Economic Freedom Rankings

Chile now ranks higher than the United States, and all of Central and South America according to the annual Index of Economic Freedom, produced by The Heritage Foundation, which has tracked economic freedom around the world for over a decade. According to the data compiled for this year’s rankings, Chile moved to number 7 on the…