Dollarization has put Ecuador’s economy back on track after a disastrous roller coaster ride that ended in default. Confidence is back, but the new currency poses new challenges.
Category: Regions
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Sold on Cell Phones
There are now more cell phones in use in Peru than traditional fixed-line phones.
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Permanent and Positive Change
Dollarization levels the playing field for everybody and sets the stage for economic stability. By Francisco Zalles
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The Aura of Antamina
The giant mine is expected to expand the mining sector as much as 20% this year.
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Pipeline to Riches
The 343-mile long OCP pipeline runs parallel to an older pipeline for most of the way. However, it takes a different route near Quito that cuts through delicate rainforests and […]
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A Perceptible Change
The government of President Alejandro Toledo appears to be finally hitting its stride.
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Pushing Ecuador into the 21st Century
The country’s leaders should draw comfort that Rome wasn’t built in a day. The challenges they face are daunting but their sense of purpose suggests that success lies ahead.
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An Attractive Investment Opportunity
Peru has restructured the state, privatized state-owned companies and opened the market.
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Pushing Privatization
The government’s national plan for promotion of investment includes ambitious targets for privatization. The electricity, telecommunications, postal and water companies will all be sold; roads, ports, airports and customs operations […]
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Back in the Markets
Having won International Monetary Fund support for his economic program, and political backing with a successful donors’ conference in October 2001 that achieved $600 million of donations and $1 billion […]