The government’s national plan for promotion of investment includes ambitious targets for privatization. The electricity, telecommunications, postal and water companies will all be sold; roads, ports, airports and customs operations […]
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Back in the Markets
Having won International Monetary Fund support for his economic program, and political backing with a successful donors’ conference in October 2001 that achieved $600 million of donations and $1 billion […]
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From Boom to Bust…and Back Again?
Stability is back in the country’s turbulent financial system, but repairing confidence takes time.
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Putting Power Into Exports
Brazil is a master at churning out vast quantities of commodities but its companies need to find a way to boost the volume and value of exports.
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Bailing Out the Banks
The final cost of Ecuador’s banking crisis is still unknown. Most deposits in the failed private sector banks were covered either by cash payments from a government agency, the AGD, […]
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Growth, Plus Discipline
Against all odds, Ecuador has become one of the emerging market success stories of the past year. Ensuring that the country remains on top will require sacrifice, vision and hard work.
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Ready for Reactivation
Economic growth in Peru is expected to rebound this year and accelerate even more in 2003.
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Banks Head for a Showdown
The giants of Wall Street – Citigroup and JP Morgan – are neck-and-neck in terms of their transactions in Brazil. Last year, JP Morgan was ahead by a whisker. Both […]
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Heavyweight Investors Tone Up
Brazil’s biggest institutional investors are state-owned entities with a growing reputation for their transparency and shrewd investment decisions. The pension funds of government enterprises like Petrobras, Banco do Brasil and […]
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Sharks and Minnows
Brazil’s biggest banks are gobbling up smaller competitors at a fierce pace and foreigners are eyeing the bait as well. Still, the country remains underbanked.