Relatively stable and foreigner-friendly, these growing mid-size markets offer expansion opportunities in regions less vulnerable to the current global economic slowdown. .expansionPic { width:324px; float:right; margin:0px 0 10px 10px; padding:5px 5px 0; background:#edece7; border:1px solid #d4d4d4; } * html .expansionPic { display:inline; margin-top:20px;} .expansionPic p...
This paper explores two routes through which the pooling of reserves through FLAR could enhance stability and welfare in Latin America. First, the reserve pool could be used for emergency lending in response to sudden stops. Insofar as the incidence of sudden stops differs across countries, pooling would allow the...
More than ten countries in Latin America have enacted reforms that have some things in common with what is being contemplated for the US - the partial privatization of social security. But these countries are very different from the US, and it is not easy to draw meaningful lessons for...
Latin America's pharmaceuticals market is a fraction of the size of the US market and will probably never grow very large. But the Argentine and Brazilian economies are recovering; Mexico is developing a good manufacturing base; and the number of clinical trials conducted in the region has risen tenfold in...
Latin America's pharmaceuticals market is a fraction of the size of the US market and will probably never grow very large. But the Argentine and Brazilian economies are recovering; Mexico is developing a good manufacturing base; and the number of clinical trials conducted in the region has risen tenfold in...
This paper reviews central bank legislation in 24 countries in Latin America and the Caribbean during the 1990s. Using panel regressions, the paper finds a negative relationship between legal central bank independence CBI and inflation. This result holds for three alternative measures of CBI and after controlling for international inflation,...
Drawing from a unique data set comprising 2,893 banks and 152 countries over the period 1987 to 2000, this report tests whether the adoption of the Basel Accord by Latin American and Caribbean countries was responsible for the serious slowdowns in credit growth experienced by these countries. It finds that,...
Latin America is commonly perceived as a volatile business environment. It's futile to attempt to challenge this perception, especially since both the historical facts and anecdotal evidence from throughout the nineteenth, twentieth, and beginning of the twenty-first centuries feed this perception. This paper provides a framework for creating a professional...
Drawing from the findings of monitoring evaluations conducted for the Multilateral Investment Fund MIF and others between 1996 and 2003, this paper sets forth some of the key lessons learned to-date from the operation of various Latin America and the Caribbean LAC- based Small and Medium sized business Enterprises SME...
The Sarbanes-Oxley Act introduced a set of obligations to management of large companies listed in the United States stock exchanges or public securities markets. This White Paper analyzes the implications and consequences of applying the Sarbanes-Oxley Act for multinationals doing business or having a permanent presence through affiliates or subsidiaries...
Countries experiencing high inflation typically make several disinflation attempts, some of which succeed only temporarily. Perhaps the best documented cases of failed stabilizations are in Latin America: the Southern Cone tablita experiments of the late 1970s and early 1980s and the heterodox programs of the mid-1980s. At the same time,...
"A land of political and economic extremes, Latin America has long been among the world’s most challenging regions in which to do business. But corporations, some headquartered within the region and some outside it, have been undeterred, with many both fostering and profiting from Latin America’s vast market potential. Today,...
This paper presents the results of a comparative study of entrepreneurship in Latin America and East Asia. Entrepreneurship is defined as the capacity to create and develop new business ventures. The paper focuses on the process of creation of new companies. That process is analyzed at three different stages: inception...
This paper reviews some stylized facts on reform and its effects on the level of telecommunications and internet penetration in the region as a weak test of the widespread ôcyber-optimismö of its politicians. It tests econometrically the determinants for the differences in internet penetration rates around the world and in...
Opera, the company that has created the Opera Mini browser for mobile phones, released figures for July showing how the browser was used worldwide. Of course, this is just the view from one mobile browser, but it can give us a sense of how mobile Web usage is growing....
Italian mobile content company Buongiorno released financial results for the first half of the year today, reporting that both revenues and operating profits are up in the six-month period, but cautioned that the economic climate may hurt results in the short term. The company did not break down results...
Warner Music International WMI has signed a deal with Brazilian soccer team Corinthians to develop and distribute music and entertainment content to the team's fans via mobile and online.From September 15, the label will distribute a range of Corinthians-branded offerings via mobile carriers, its own WAP site and a...
London-based Connect2Media, a publisher of mobile content, which just merged with the European operations of Hands-On, said it has acquired RayFusion, an Israeli-based mobile content distributor. Terms of the deal were not disclosed. The acquisition will enable RayFusion to expand its distribution to include carrier accounts in Europe, the...
Reportlinker.com announces that a new market research report related to the Chemicals industry industry is available in its catalogue. World Acrylic Resins Market http://www.reportlinker.com/p092436/World-Acrylic-Resins-Market.html This report analyzes the worldwide markets for Acrylic Resins in Million Pounds. The major End-Use Segment analyzed are Paints & Coatings, Paper...
Reportlinker.com announces that a new market research report related to the Chemicals industry industry is available in its catalogue. World Epoxy Resins Market http://www.reportlinker.com/p092439/World-Epoxy-Resins-Market.html This report analyzes the worldwide markets for Epoxy Resins in Thousand Tons. The major end-use segments analyzed are Paints & Coatings (Solvent-based,...
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