With Peace, Colombia Is Poised for Greater Prosperity
Harvard Business
JULY 7, 2016
The war certainly has prevented an efficient economic structure, forcing many Colombians to be inward-looking. Banks often are unwilling to take the risk of financing small and midsize companies. The cartels, like that of Pablo Escobar, financed the FARC (and the ELN, another left-wing terrorist group) in return for protection.
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