Two years ago, Ecuador was at the forefront of an anguished debate over the appropriate role of the International Monetary Fund, bondholders and the local government in sorting out the […]
Category: Andean
Bolivian Issue Makes its Mark
The largest and longest-dated bond issued in the Bolivian market could open the door for more private sector projects looking to find financing in the local markets.
Down But Not Out
Though the Andean countries have been hit by a barrage of political and economic instability, some investors managed to turn adverse market dynamics to their advantage.
Cultivating the European Crowd
The Andean Development Corporation takes its roadshow to Europe, not just to raise money, but to promote its respected name and solid financials to discriminating investors there.
The Price of Latin Trades
Buying stocks in smaller Latin markets is getting expensive. Low liquidity and market volatility make transaction costs in the Andean countries among the highest in the world.
FDI Bolsters Bolivian Economy
Foreign direct investment has flowed into Bolivia at a faster rate than in any other Latin American country since the mid-1990s. In 1998, almost $900 million entered the country, equivalent […]
Ecuador Wins IMF Support
The International Monetary Fund approved a $304 million loan for Ecuador, clearing the way for $2 billion in further loans and aid. The decision to resume lending is a setback […]
The Credibility Conundrum
Ecuador’s finance minister and chief debt negotiator admits that foreign creditors have reason to doubt the country’s integrity. But Jorge Guzmán says radical economic changes can restore faith.