ECLAC Fosters Territorial Development in Colombia with Competitiveness Indicator

To guide public policymaking and stimulate private decisions that can combine to yield higher levels of territorial development, the Colombia Office of the Economic Commission for Latin America and the Caribbean (ECLAC) periodically presents the Competitiveness ranking for national departments. According to the authors of the report, this indicator of economic, social and institutional development shows how departments use their various structural assets according to specific patterns of specialization. The following six factors are analysed in the recently launched Com…