Latin America
Pacific Alliance countries primed for infrastructure investment
Latin American markets present opportunities for multinational corporations in the construction industry. The countries that are most likely to invest in infrastructure are the Pacific Alliance countries since they are
Lack of security, infrastructure threaten Colombia’s mining sector
Colombia’s mining industry must overcome significant obstacles in terms of security and infrastructure in order to tap into economic potential. On September 4, Colombian national authorities identified 307 illegal mining operations
Latin America still low on ‘Ease of Doing Business’ scale
The ‘Ease of Doing Business’ ranking has improved for Latin American countries since 2005, but important regulatory areas such as tax law, contract enforcement, and commercial lending need to be overhauled
Colombia risks being caught in middle-income trap
Colombia is becoming a popular Latin American investment market. But if Bogotá wants to grow beyond the middle-income range and become a long term-investment destination, the government will have to emphasize better governance
Argentina’s default raises more questions than answers
Of all the defaults through Argentina’s history, the one on august 3rd 2014 is the strangest to date. Moreover, its implications could spill over to the rest of global markets. In
Chile passes ambitious reforms to avoid middle-income trap
When Chilean president Michelle Bachelet and her center-left coalition won the election last year, it was clear that reform was on her mind. President Bachelet and the National Congress have
GRI Series on Brazil: Elections precede economic reform
In Brazil, economic adjustment will have to come from within the ruling party after the October elections. Complex political coalitions and a shared national social policy agenda have created a
GRI Series on Brazil: The presidential race is on
President Dilma Rousseff has remained popular throughout most of her first term. But with her approval ratings in decline, does she risk defeat in the upcoming presidential elections? This is
Argentina’s debt restructuring options limited
On June 16th, 2014, the U.S. Supreme Court ruled in favor of NML Capital Ltd (NML) over the Republic of Argentina in a major debt settlement case. The ruling has implications not