Dollarization levels the playing field for everybody and sets the stage for economic stability. By Francisco Zalles
Category: Regions
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 […]
Sold on Cell Phones
There are now more cell phones in use in Peru than traditional fixed-line phones.
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 […]
The Aura of Antamina
The giant mine is expected to expand the mining sector as much as 20% this year.
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.
A Perceptible Change
The government of President Alejandro Toledo appears to be finally hitting its stride.
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 […]
An Attractive Investment Opportunity
Peru has restructured the state, privatized state-owned companies and opened the market.
Standing the Test of Time, OCP Ecuador Forges Ahead
How do you get international banks and insurance companies to lend for up to 17 years on a pipeline involving complicated engineering at high altitude passing through an area subject […]
