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International Monetary Fund. Western Hemisphere Dept.

a way to overcome youth unemployment and inequality. According to surveys, in 2013 the propensity to start a new enterprise was strongest in the age group 35 to 44 years (30.6 percent) followed closely by the group 25-34 years (25.8 percent) and up from 2012. Colombia has a national strategy on entrepreneurship and is also engaged in regional initiatives including other Latin American countries. B. Government Initiatives Colombia has recently developed a youth entrepreneurship strategy—Colombia Joven Emprende 2013—which is part of the presidential

International Monetary Fund. Western Hemisphere Dept.
This Selected Issues paper addresses key areas that would contribute to maintaining macroeconomic stability and inclusive growth. Strong economic growth in Colombia has significantly reduced poverty, but has had limited impact on reducing inequality. Strong growth and social programs have helped reduce poverty. Going forward, efforts to further strengthen education, pension, and tax systems stand to yield important social gains, as recognized by the national development plan. Labor market distortions have declined in recent years, but challenges remain. The elimination of infrastructure gaps will also play a key role in sustaining strong and broad-based growth, and supporting further economic diversification.
International Monetary Fund. Western Hemisphere Dept.