Colombia and the Coalition of the Pacto Histórico: From Extractivism to a Productive Economy?

• The new Colombian president Gustavo Petro pushes for a transition from an extractivist to a productive economy. • He needs to address the country’s enormous inequalities to achieve long-term peace. • Agrarian reform and tax reform are urgent and part of the government’s plan. • Mining will continue to be a strategic economic sector and a potential source of social conflicts that can weaken the action of the new government if a dialogue with the affected groups is not established. • With the new commodity boom coming up, the groups within the government coalition need to negotiate their differences and unite.