"Traces the main tendencies of the Colombian economy during the 1980s. A solid macroeconomic review and an analysis of the handling of foreign debt explain how Colombia escaped the 'lost decade.' This examination is coupled by an overview of the decade's political swings, marked especially by...

The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish ??? especially in high-income Europe. Most developing countries have fully recovered from the crisis. Although growth is slower than during the...