Aportes a la política pública de inversión extranjera directa para el desarrollo sostenible en Colombia 2012-2023

Abstract

This work aimed to analyze the relationship between the UNCTAD Investment Policy Framework for Sustainable Development and the public policy of Foreign Direct Investment and Sustainable Development in Colombia conceived by the documents of the National Council of Economic and Social Policy CONPES since 2012. The interest of the analysis emerges from the persistent concentration of foreign investment in the extractive sectors that reflect data of the Bank of the Republic. Consequently, a documentary review of both the UNCTAD policy framework and the CONPES was proposed, in order to establish a series of recommendations for public policy on foreign investment in Colombia. As a result of the analysis, it was found that the country does not have a public policy in the strict sense of the concept, but on the contrary, what is evident is a series of isolated efforts of a strategic, institutional and regulatory type on Foreign Direct Investment. In order to respond the absence of the policy, the formulation of a CONPES document on sustainable FDI that integrates the UNCTAD recommendations is proposed.