To sustain expansion of private business investment, Colombia should consider an investment tax credit, frequent forecasting of business variables (to reassure businessmen of the favorable climate for investment), a shift from historical cost accounting to replacement cost accounting, and preferential treatment for small and medium-size firms in the allocation of available capital.
To sustain expansion of private business investment, Colombia should consider an investment tax credit, frequent forecasting of business variables (to reassure businessmen of the favorable climate for investment), a shift from historical cost accounting to replacement cost accounting, and prefere...