The mining industry was Peru’s most dynamic sector through years of recession and weak growth. But metals prices are struggling to recover, so companies are cutting costs, raising production and increasing reserves.
Category: Regions
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Outmaneuvering the Market
The World Bank rewards Colombia for getting its fiscal house in order with a partial guarantee that helped the sovereign access the fickle dollar market at a difficult time.
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Mexico’s Capital Connection
For 36 years, Raúl Muñoz worked in relative obscurity at the Mexican division of a major U.S. chemical company, rising through the ranks to become president of the subsidiary. Then […]
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The Brave New World of Corporate Governance
Ricardo Salinas Pliego, the Mexican business leader, has become a target for shareholder rights activists. Here, he gives his side of the story and sets out the far-reaching changes in corporate governance at his group of companies, which includes TV Azteca and the Elektra retail chain.
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Bailing Out the Banks
The government is cleaning up the banking system, but Jamaicans are still paying a heavy price for botched financial liberalization in the 1990s.
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Sun, Sand, Sea and Software
Jamaica wants to become the silicon island of the Caribbean. Tourism has spawned a vibrant services industry and the country hopes today’s call center employees will be tomorrow’s programmers.
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The Island of Renewal
Jamaica is shaking off years of recession and the effects of a severe banking crisis. But the country still must deal with a debt mountain and a difficult business climate.
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The Steep, Uphill Battle
Jamaica’s government faces a prolonged struggle to manage its debt mountain despite privatizations and the sale of financial institutions. Now the government is turning increasingly to the international capital markets.
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Overcoming Fujimori’s Shadow
The new president of Peru will face a daunting series of challenges that range from inspiring confidence in the political system to reviving investment and growth.
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Getting Guatemalan Banks Up to Global Speed
After more than 50 years operating under antiquated banking rules, Guatemala is in the process establishing capital adequacy guidelines, regulating offshore operations and setting up bank guarantee funds.