Dollarization levels the playing field for everybody and sets the stage for economic stability. By Francisco Zalles
Category: Regions
A Perceptible Change
The government of President Alejandro Toledo appears to be finally hitting its stride.
Secondary Marketplace – Sovereign Report
Mexico Sheds Junk Rating Standard&Poor’s finally joined fellow ratings agencies Moody’s Investors Service and Fitch Ratings by awarding Mexico a long awaited investment grade rating of BBB-, up from BB+. […]
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 […]
Getting an Unexpected Boost
Jamaica’s economy was just beginning to enjoy a renaissance when a bout of political violence last July that left 25 people dead was followed by the disastrous drop in tourism […]
An Attractive Investment Opportunity
Peru has restructured the state, privatized state-owned companies and opened the market.
The Envy of the Region
Guillermo Ortíz is not a popular man, not that he cares much. For the thick-skinned Ortíz, governor of Mexico’s central bank and hardline inflation hawk, his victory last year when […]
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.
Putting Closure on a Crisis
Jamaica has paid a heavy price for its botched financial sector liberalization of the 1990s. Omar Davies, Jamaica’s finance minister, estimates the 1997 banking crisis cost the country J$125 billion […]
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 […]
