Carnival time again in Latin America?

Article Abstract:

Latin America is undergoing an economic recovery fronm problems linked to the Asian financial crisis. Higher raw materials prices and stronger growth in developed economies have helped Latin America, but some countries such as Colombia and Argentina still face recession, while Ecuador has serious problems. There is also concern as to whether sustained growth can be achieved. There is a need for better corporate governance, development of capital markets in the region, and a strengthening of the banking system. Labor market and education reforms are also needed.

---

Virtue rewarded

Article Abstract:

The Inter-American Development Bank reports that the dismal Latin American debt situation of the 1980s started to turn around in 1991. New democratic governments, International Monetary Fund policies and low American interest rates have fueled encouraging growth levels.

---

Latin America's backlash

Article Abstract:

Free market reforms in Latin America have been largely unsuccessful in enhancing economic growth. Privatization, free trade and monetary policy tightening are not reducing the amount of poverty and unemployment. Governments must reform quicker or risk popular revolt.

Editorial, Cover Story, Political reform

Similar abstracts:

• Abstracts: Latin America. Latin America: international economy
• Abstracts: UnAmerican activities. Help wanted. Ursula and her unAmerican ways
• Abstracts: Ramos presents an optimistic outlook for 1997 economy. Manila inflation fears are downplayed. Philippines' new image lures investors in droves
• Abstracts: Round 'em up. Muscling in on the banking business: Latin America. Europe's back office: the Irish financial industry

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.