Assignment:
Wrote a paper on Colombian Economy and percentage was too high on TurnItIn. Just need my paper basically rewritten with all the same info and keep it above the 3,000 words.
Introduction to Colombian Economy
The Colombian Economy has been growing exponentially over the last ten years, because of the confidence and business ventures that the investors have found in this emerging market. In recent years, foreign investors have seen Colombia as an emerging destination for more secure investments.
The economy is expected to speed up quickly this year on raised oil prices, which should incease investment in the extractive sector. Proposed construction projects and rising investor confidence stemming from reduced political uncertainty should help lift growth. Duque's plans to slash corporate taxes, however, could present challenges in meeting the fiscal target, unless they are offset with new sources of revenue. Colombia expects a GDP to grow 2.7% in 2018, which is up 0.1 percentage points from last month's forecast, and 3.1% in 2019.
According to a report by PwC, Colombia is one of the countries with the best economic outlooks for the next 35 years, thanks to an increase in investment and improvements in education and technological development.
Colombia offers an attractive business environment by:
• Strengthening the macroeconomic variables together with a dynamic economic performance. The GDP per capita has doubled over the last decade, going from USD 5.826 in 2000 to USD 10.350 in 2012.
• A dynamic domestic market, being the 23rd largest population of the world and the second most populous Spanish-speaking population.
• It is the third most business-friendly and the leading reforming country in Latin America.
Growth is expected to strengthen gradually over the 2018-2020 period, with growth accelerating to 2.7 percent in 2018, and further to 3.6 percent by 2020, supported by higher oil prices, stronger private sector demand, and a pick-up in implementation of the 4G infrastructure program.
Attachment:- Colombian Economy.rar