Colombia offers few incentives for graduates to remain in their country and contribute to economic growth and development. The so-called brain drain could worsen with greater taxation in planned reforms.
President-elect Gustavo Petro is aiming to form a government of consensus and national unity, by offering bureaucratic posts to experienced politicians and ideological has beens.
The outcome of Colombia’s recent presidential election has many in the business community taking decisions regarding their future operations in the country.
Colombians on both sides of the political divide are voting out of fear. Political parties have been replaced by personality cults. Candidates are no longer statesmen, but rather, influencers.
With two weeks to go before Colombians elect their next president, a likely Petro victory has the business community on edge given the candidate’s socialist agenda and hard-left reforms.