Banks in the region have made enormous strides in detecting and managing credit risk in recent years. But many have yet to initiate modern programs for managing organizational risk, which enables companies to spot system flaws, minimizing fraud and mistakes by employees. The Bank for International Settlements has designed the Basel II framework, a guide for financial institutions with recommendations for minimizing risks and minimum capital requirements that governments in a number of countries are pushing banks to implement.
Category: 2006
Posted inMagazine
If You Build It
Central America is copying and improving on the Mexican model of large-scale, planned tourist centers by FONATUR.
Posted inMagazine
Airfares for All
After more than five years on the runway, Brazilian no-frills airline Gol is still inspiring imitators in Latin America.
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More Than Hot Air
LNG is shaping up to be an important technology for supplying natural gas to North America, and Mexico is positioned to play a pivotal role.
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Bang for the Buck
Latin America’s healthcare systems are as different as the nations themselves – but some are more effective than others.