Neither culprit【罪犯；肇事者】 nor casualty: Colombia’s economy
Like many of its neighbours, Colombia was convulsed【震撼[震动](全国等）】 by widespread street protests late last year.
But unlike many of its neighbours, its economy was neither an obvious cause of the unrest nor an immediate victim of it.
Figures due today are likely to show that Colombia’s GDP continued to grow by about 3% year-on-year in the fourth quarter.
It has benefited from rising oil production, an influx【（人、资金或事物的）涌入】 of foreign investment and a belated “peace dividend” from a deal with Marxist guerrillas in 2016.
Despite the protests, the centre-right president, Iván Duque, passed a corporate-tax cut in December.
His government will also give work permits to many of the 1.6m Venezuelans who have fled to Colombia, escaping their country’s turmoil.
At the start of the 2010s, Venezuela’s economy was the bigger of the two.
By the end of the decade, the IMF estimates, it was less than a quarter of Colombia’s size.
Feb 14th 2020
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