Mexico Stands ApartMoody’s Investors Service raised its rating outlook for Mexico to positive from stable last month. It currently rates the sovereign Baa3, the lowest investment grade rating. Standard & […]
Category: Regions
Oil Rich, Cash Poor
Mexico’s state-owned oil company generates billions of dollars in revenues, but cannot afford to invest in its own future. The government is trying to convince Congress to allow private-sector investment in the oil, gas and power industries.
Islands of Plenty
The Caribbean republic of Trinidad & Tobago has created a vibrant capital market that seeks to act as a regional banking center, serving public – and priavte – sector institutions.
The Cost of a Strong Peso
The Mexican peso is one of the few currencies to have risen in value against the dollar this year. That is a major psychological boost for Mexico but it’s wreaking havoc on its competitiveness.
Making Belize Accessible
Hurricane Keith shattered Belize last year. The country is now beefing up its infrastructure and revamping its ports to facilitate trade and attract investment.
Turning on the Credit Supply
Interest rates and inflation are falling. That should have a positive impact on bank lending and the capital markets.
Putting Wealth to Work
Oil revenues have made Trinidad & Tobago a rich little country and exporter of capital. The government’s challenge is to channel some of that money into the local economy.
A North American Mentality
Free trade with the US has transformed Mexico from a closed an inward-looking economy into one of the most open in the world. Its leading companies are the most adventurous and successful in Latin America.
Reinventing Belize
Twenty years after gaining independence from the UK, Belize is struggling to define itself while dealing with mounting debts. It is also trying to diversify its agricultural-based economy.
Living with Headline Risk
Investors are applauding Colombia’s economic team for straightening out the government’s finances. But political uncertainty is rising with the approach of the 2002 elections.
