Colombia| Economic analysis: competition and work more than welcome

Summary

A new Congress initiative seeks to create a barrier to the active and competitive participation of economists in issues related to the profession, creating rents to particular institutions and limiting the arrival of new voices to the arena. We insist that the Congress agenda should rather be used in more urgent maters.

Key points

• Key points:
• Congress is proposing a new law that seeks to make the use of a professional registry as a requisite to sign economic documents
• This type of initiatives create rents for specific institutions, limiting the competition
• Will exclude from the analysis the best economists and in will make it especially difficult to count with the participation of international economists
• Congress should concentrate its scarce productive time in an agenda that is important for the Colombian economy and not in issues that contribute little to the main needs of the country

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