Category Archives: Latin America

Searching for “breakout nations” in the emerging markets

Book Review: Breakout Nations, by Ruchir Sharma (2012). During the 2000s, almost all emerging markets experienced strong economic growth. However, the global forces that enabled such broad growth are running out of steam, and only some developing countries will continue … Continue reading

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Brazil’s elusive “future” – is it finally here?

It seems just about every business article written about Brazil in the last five or so years has painted a highly optimistic portrait of the country. Of course, there has been some recognition of Brazil’s high taxes, overbearing red tape, … Continue reading

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Mexico: ready to take on China?

Sometimes it is easy to forget that one of the biggest and most affluent emerging markets lies next door to the United States. Yes, I’m talking about Mexico.  While Mexico has suffered rising violence and stagnant economic growth in recent years, changing … Continue reading

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Peru and Turkey: consolidation or disruption?

In the past 10 days, Peru and Turkey held national elections that have huge potential to impact the steadiness of each country’s progress toward greater democracy and economic prosperity.  In Peru, a divided population narrowly opted for Ollanta Humala, a left-wing ex-officer who had backed … Continue reading

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Corruption: which countries are changing?

Emerging markets have done exceedingly well in terms of economic growth over the last 10 years. As I mentioned in my last post, it stands to reason that some of these high-growing countries would have made strong progress to greater transparency. Transparency … Continue reading

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Psst… care for a zero-rupee note?

Concern over corruption has surged in India in recent months. Although corruption is nothing new to most Indians, a series of recent high-profile scandals have been particularly galling. These include a multi-billion dollar alleged telecoms scam, alleged financial malpractices in connection with the 2010 … Continue reading

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Obama’s surprise stop: El Salvador

President Obama’s Latin American tour is taking him to Brazil, Chile, and El Salvador. The first two destinations do not surprise. Brazil is Latin America’s largest economy (and the seventh-largest globally). Chile is Latin America’s most developed country, setting the regional bar for per … Continue reading

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