Colombia’s Perilous Success
Colombian President Alvaro Uribe's remarkable success in fighting the FARC guerillas and attracting foreign investment may tempt him to seek a constitutional amendment enabling him to run for third term. But this would be a grave mistake, because the political system's deepening institutionalization has been a key factor in strengthening the economy and weakening the FARC.
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Recent months have been very good for Colombian President Alvaro Uribe. His “Democratic Security” policy now seems to have definitively turned the tables in the country’s fight against the Revolutionary Armed Forces of Colombia (FARC), which have seen their leaders killed and their hostages freed. Uribe has also proven to be a strong economic administrator, attracting increasing flows of foreign direct investment to Colombia. But success presents Uribe with a new set of challenges that risk undoing most of his achievements.