Posted on March 7, 2017 8:53 am
Categories: New Economy

The Peace Dividend: What Is It and How Much Could Colombia Benefit? (S)

In the context of the discussions about the end of the war with FARC, perhaps one of the issues that have been discussed most is the so-called “peace dividend.” That is, what and how much would the Colombian economy gain in a nation in eace? It’s clear that, in many ways, the end of the armed conflict would allow to have a presence in historically isolated areas — for investing, to providing public services, and investigating.

According to the director of the National Planning Department (DNP), Simón Gaviria, “The economic peace dividend is reflected in an additional GDP growth of between 1.1 and 1.9 percentage points per year. On the demand side, greater confidence in post-conflict economies generates an increase of 2.5 percentage points in the growth rate of household consumption”… El Espectador