The year 1994 was a chaotic one for Latin American financial markets. Rising US interest rates, plunging global bond markets and regional difficulties in countries such as Mexico and Venezuela put a tight clamp on capital flows to the region
Category: 1995
Posted inMagazine
Archive, 1995: Easing the Crunch
The year 1995 promises to be a difficult one for Mexico. Government, banks and corporations now face a number of challenges. Astronomical domestic interest rates and severely restricted capital inflows point to a serious recession in 1995, with effects to be felt throughout the Mexican economy
Posted inMagazine
A New Home Base
In just three years Electricidade de Portugal (EdP) has built up more clients in Brazil than in its home market. The company’s expansion into Brazil began shortly before its privatization […]
Posted inMagazine
New Man at Brazilian Central Bank
New Man at Brazilian Central BankIlan Goldfajn is the new head of research at the Central Bank of Brazil, replacing Sérgio Werlang, who quit unexpectedly in August. The markets were […]