Taxi! Taxis are plentiful and inexpensive in Panama City. Transfers between Tocumen International Airport and Panama City, a distance of 16 miles, run about $25 for up to two passengers. […]
Category: Regions
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Colombia Securitizes Mortgages
Securitization – repackaging mortgages into tradable securities – became popular in Colombia long before it started to catch on in other Latin American countries. Now Colombia has taken another important step forward […]
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Opening New Paths
Late in 2004, Colombia broke with tradition. In place of its usual year-end dollar bonds to pre-fund spending in the year ahead, it issued landmark peso-denominated global bonds. The CP954.24 […]
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The Sol Also Rises
In a year that saw several successful Latin American euro-denominated sovereign bonds, Peru’s ?650 million 10-year note stands out as a winner. It helped that investors attending the annual meetings […]
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Betting on Beauty
Panama wants to double its tourism industry revenues in five years. Better organization will be needed to make that plan attainable.
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Borrowing at Home
Panama turned to the international markets to pre-finance spending for 2005. But when it’s time to raise more money, it will stay closer to home.
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Free Zone Shortfalls
Panama’s free trade zone is a success, but it needs to invest more to improve infrastructure and security. Nobody is sure where the money will come from.
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Economic Exiles
A fifth of Mexico’s population now lives abroad. For some smaller Latin American countries, the percentage is even higher. This exodus has grown steadily for years, and the expansion of […]
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A Time for Technology
The US and Asia are surging ahead in technological innovation. Pessimists claim Latin America will never catch up. Are they right?