Roberto Dañino, the prime minister, promises to straighten out the government’s difficult relations with Congress and improve those with the businesses and financial markets.
Category: Regions
Bailing Out the Banks
The final cost of Ecuador’s banking crisis is still unknown. Most deposits in the failed private sector banks were covered either by cash payments from a government agency, the AGD, […]
Time to Re-Engineer
Bloated with debt, Mexico’s conglomerates have largely failed to reshape themselves into profitable, efficient companies capable of competing globally.
Banking Bounces Back
After being blacklisted by an international task force for failing to cooperate with anti money-laundering efforts, Panama’s banking sector has regained some stature and is poised for growth.
Building on the US Legacy
Panama has not found it as easy as it had hoped to attract investment into areas once occupied by American troops. Development of the reverted areas has been plagued by false starts and delays.
Challenges Ahead for Canal
Users of the Canal have enjoyed a smooth and efficient transition to Panamanian control. But tough investment decisions regarding expansion now loom.
Regaining Confidence and Growth
Panama is struggling to convince the credit rating agencies and investors that it is correcting weaknesses in its fiscal and economic policies. But long-term investment opportunities are strong.
Straightening Out the Future
With a history as an international finanacial services center, Panama is on the cusp of redefining its global role. Despite a stubborn economy and contentious politics, the country has the tools to proceed.
Adding an Edge to Peru
Mirko Stiglich, a young banker with skills honed in the international markets, has returned home to revive Peru’s catatonic capital markets and help integrate the country into the world’s financial system.
