Premium Essay

Latin America Monitor

In:

Submitted By mbern020
Words 8831
Pages 36
IMPORTANT NOTICE:
The information in this PDF file is subject to Business Monitor International’s full copyright and entitlements as defined and protected by international law. The contents of the file are for the sole use of the addressee. All content in this file is owned and operated by Business Monitor
International, and the copying or distribution of this file, internally or externally, is strictly prohibited without the prior written permission and consent of Business Monitor International Ltd.
If you wish to distribute the file, please email the Subscriptions Department at subs@businessmonitor.com, providing details of your subscription and the number of recipients you wish to forward or distribute this information to.

DISCLAIMER
All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Business Monitor International makes no representation of warranty of any kind as to the accuracy or completeness of any information hereto contained. ISSN 1474-5615
Vol 29 Issue 3

March 2012

Andean
Business Monitor International’s monthly regional report on political risk and macroeconomic prospects

THIS MONTH’S TOP STORIES

VENEZUELA

Living On The Edge
BMI View: This year will be of pivotal importance for Argentina and Venezuela, with potential knock-on effects for the entire region. Both countries are on a highly unsustainable macroeconomic trajectory, which could lead to an economic and political implosion.

Similar Documents

Free Essay

Busi

...and the Association of South East Asian Nations. Moreover, the scope of cooperation is expanding to other areas, particularly the political and diplomatic fields. Objectives Mercosur’s main objectives include: through the effective use of resources, coordination of macroeconomic policies, to strengthen the economic complementation and promote economic development, thereby improving people's living conditions, and promoting regional economic integration process. Specifically, it aims at promoting free trade and bringing about the fluid movement of capital, goods and services among its members, and achieving a common external tariff as well. Problems The consolidation of Mercosur has contributed to regional integration in Latin America. It has enhanced trade and economic development, improved the international status of the member...

Words: 863 - Pages: 4

Premium Essay

Cn Railway

...Table of Contents Executive Summary 3 Issue Identification 4 Slowing Growth in NAFTA Trade 4 Continuation of NAFTA Strategy versus Expansion into Latin America 4 Taking Advantage of Economic Growth in Asia and Emerging Markets 4 Expanding Overseas 4 Environmental & Root Cause Analysis 5 Slowing Growth in NAFTA Trade 5 Continuation of NAFTA Strategy versus Expansion into Latin America 5 Taking Advantage of Economic Growth in Asia and Emerging Markets 5 Expanding Overseas 6 Alternatives and/or Options 6 Slowing Growth in NAFTA Trade 6 Continuation of NAFTA Strategy versus Expansion into Latin America 6 Taking Advantage of Economic Growth in Asia and Emerging Markets 7 Expanding Overseas 7 Recommendations and Implementation 7 Slowing Growth in NAFTA Trade 7 Continuation of NAFTA Strategy versus Expansion into Latin America 7 Taking Advantage of Economic Growth in Asia and Emerging Markets 8 Expanding Overseas 8 Monitor and Control 8 Executive Summary Since Canadian National Railway Company (CN)’s privatization by the Canadian government in November 1995, CN has not stopped growing its sales, profits, cash flow and, as a result, market value. Privatization and deregulation of the rail industry led to some of CN’s success, but CN had to cut costs and increase revenues. Cutting costs meant reducing workforce and closing or selling unprofitable tracks. It also meant investing in more efficient rail equipment and technology. Increasing revenues required focusing...

Words: 1676 - Pages: 7

Premium Essay

Discuss ‘How Tony Could Have Avoided the Mistake He Made?’

...legal and financial issues are uncertainties which are high dangers that affect a company seriously. A company should have valid preparation for facing complex external environment. Decision maker should scheme a flexible plan to handle uncertainties in business running. Nevertheless, some companies and managers might address threats unsuccessfully due to mistaken strategies. The case of Tony is a typical failed example for facing problems. The article will analyse mistakes made by Tony and provide solutions for Tony’s company. Tony’s company is a medium monitoring equipment maker in the UK which has no exporting experience in the past (Kerr, W. A. and Perdikis, N, 1995). It received a great potential order regarding monitors from a chain of hospitals in a Latin American country which was larger than the existing producing capacity of the company (Kerr, W. A. and Perdikis, N, 1995). Before accepting the contract, Tony made a business plan which included seeking new cheaper supplier, financial assistance...

Words: 2168 - Pages: 9

Free Essay

Delta Airlines

...A03-04-0011 Delta Air Lines: The Latin America Contact Center Decision PY In early September 2000, Mary Smith, Delta Air Lines’ Regional Director of Reservations for Latin America and the Caribbean, glanced over her notes one more time. Delta had decided to consolidate all of its reservations offices in Latin America into a single Latin America Contact Center. Now it was up to her to recommend a country location for this $3–4 million investment. Gail Childs, her immediate supervisor and General Manager for International Reservations, would want her report soon in order to get the final go-ahead from Delta’s CEO. Although a number of countries were possible options, Mary reviewed again the pros and cons for Mexico, Chile, and Argentina. CO The Internationalization of Customer Service NO T By 2000, telephone customer service was growing rapidly throughout the world. Many companies chose to outsource their telephone customer service operations to outside call centers; others kept such operations in-house. Other than locating call centers, also known as contact centers, within a region to be closer to customers, the principal reason for U.S. companies to move telephone customer service outside of the United States was to reduce costs. Because labor costs constituted between 60–80% of a call center’s operating expenses,1 airlines, computer firms, credit card companies, and others that used telephone customer service extensively were moving these...

Words: 5864 - Pages: 24

Free Essay

Peru Boom

...Peru Boom Spurs Growth of Middle Class (Assignment 1) Michael Davis SOC 300 January 3, 2012 Professor Ruben E. Saroukhanian Peru Boom Spurs Growth of Middle Class Peru is a middle country in Latin America; it was not one of the superrich or really poor countries. Now Peru is one the fastest growing Latin countries; in the city of El Salvador which uses to be known for indigenous Peruvians is now a mega city. This city has all the bells and whistle, the main attraction is the Mega Plaza Express shopping center. The Mega Plaza Express shopping center has movies, dinner, lights, electronic stores and much more; the local’s lover the current scene and life the city has now. Over the last couple of years the price of gold and copper has raise and the demand has become very popular with Asian countries. “The Andean country’s gross domestic product rose 6.7 percent year on year in October 2012, marking 38 consecutive months of growth” (Schipani, 2013). Peru growth has notice a letdown in 2010 to 8.8 but that has not stop Peru from becoming one of the top growing Latin American countries. “Sales in 2012 topped $5.3 billion, an increase of 20 percent over the previous year. The increase was due not only to the existence of centers such as Mega Plaza Express” (Schipani, 2013). The Peruvians average $2 dollars a person in his or her pocket has reduced to 28 percent over the last ten years. One of the goals of the Peru President is to reduce/cut poverty to least then 15 percent...

Words: 736 - Pages: 3

Premium Essay

Endeavor Case Study Analysis

...to transition their ideas into profitable businesses. However, accomplishing this mission is not without challenges. Endeavor is faced with multiple challenges. It must first decide in which country they will establish their next branch of operation. In addition to that and, perhaps, most importantly, they must decide how they are going to raise the funds in order to do so. Endeavor must find a balance between the growth of their organization and sustainability of their model. With the proper plan and course of action, Endeavor will have no problem with expanding its operations so as to help thousands of others in emerging markets around the globe. Endeavor is trying to set up a system to finance entrepreneurs in countries outside America. However unlike microfinance firms that have issues with people repay, Endeavor has created a system where they truly ensure their loans will be repaid. Endeavor created a system where they choose members who they know will not only repay them back, but also bring in profit as well. By being very selective and taking their time with the panels, they will ensure that they get the right people who have both the motivation to work, as well as a great idea. Additionally, Endeavor wants these people to become self sustainable and have these companies be long term solutions for real issues or creative ideas they know will sell in their countries and potentially internationally. While microfinance firms can have both social and financial...

Words: 1794 - Pages: 8

Free Essay

Dr-Cafta

...II. Description of the Subject……………………………………………….. III. Goals and Objectives……………………………………………………….. IV. Historical Background…………………………………………………….. V. Analysis of the subject a. Strengths………………………………………………………………….. b. Weaknesses……………………………………………………………… c. Opportunities………………………………………………………….. d. Threats……………………………………………………………………... VI. Prescription and Recommendations………………………………. VII. Difficulties in Implementation…………………………………………. VIII. Solutions to the Difficulties………………………………………………. IX. Prognosis…………………………………………………………………………… X. Conclusion…………………………………………………………………………. XI. References…………………………………………………………………………. I. Introduction The Dominican Republic-Central America free trade agreement between these six countries and the superpower of the United States is the first among these countries. What this free trade agreement does is to create new and strong economic opportunities by opening markets, eliminating tariffs, and reducing barriers to service. The agreement helps to facilitate trade and investment between the participants, as well as promoting and increasing regional integration (Anonymous). DR-CAFTA presents a huge opportunity for Central American countries and the Dominican Republic; as they have the chance to trade with the biggest economy in the world and fortunately boost their economies. II. Description of the Subject DR-CAFTA is a free trade agreement between the United States; five...

Words: 3358 - Pages: 14

Free Essay

Americanization of Immigrants

...Americanization of Immigrants and Native Americans In the late 1800’s immigration has increased immensely. Not only was the population growing but substantial problems went along with the immigration. In restatement, the immigrants came to America to find better opportunity upon a future they want to achieve. The types of immigrants were the Irish, Germans, Chinese, etc. These people wanted to seek for an opportunity to escape their religion, harsh government in their native country, and own land. As the population grew, the society had to change and step up to it’s capability of becoming a stable nation. Some of the significant things that occurred in the life of an immigrant in the society were economical and political problems. Some of the economical changes the immigrants have made, for example were the jobs they had to make money. Many of the 25 million immigrants that entered America between 1866 and 1915 became factory workers. However, for immigrants in the cities, factory work was one of the few options available. Agriculture jobs and factory jobs were the main areas of employment for a lot of former slaves and immigrants. In factories, they had poor lighting, unsanitary conditions, and the jobs were highly dangerous. Women, men and children were able to work in these conditions for up to 12 hours per day. As soon as one became ill or died another person would step over into their past job without a second thought. Another problem that occurred was the population...

Words: 593 - Pages: 3

Premium Essay

Poverty in Latin America

...Eugene Harmon Poverty in Latin America Inequality: The Most Political and Economic Problem in Latin America Throughout the years, Latin America has experienced dramatic political, social, and economic changes amongst its numerous countries. As time went on, various leaders brought grand ideas to the table in hopes of bettering the region. However, in most cases, the outcome was far from grand, failing to address social conflicts that derived from deep inequality and high levels of poverty. Without successfully conquering the underlying causes of conflict within the region, change in a positive direction for Latin America does not exist. This paper will define inequality as the most political and economic problem that Latin American countries continue to face, and how inequality, discrimination, poverty, and crime violence stem from the underlying problem of inequality. As a result, social programs currently in place fail to properly address the issues of inequality and poverty within Latin America, thus being unsuccessful. In their literature review of the Southern Commands, Jorge Castaneda and Patricio Navia remind the reader that, “be it in the Caribbean heat or in the Andes-mountain cold, the uniform and lasting defining characteristic of Latin America is inequality” (82). They continue to explain that, “Latin America brings together – often within the same countries, same cities and occasionally even the same neighborhoods...

Words: 1121 - Pages: 5

Free Essay

Business Ethics Across Cultures

...The two countries I chose to write about are Argentina and the Dominican Republic. Argentina is a country located in South America whereas; the Dominican Republic is located in North America. These two countries seem to be the most interesting and I hear about them quite often. Business ethics are a lot different in these two countries than they are in the United States. It is very interesting to see how much different the jobs are in Argentina and the Dominican Republic when comparing to the United States. Every country conducts business according to their laws and regulations which can also be very different. Argentina is a relationship driven culture, so it is important to build networks and use them. The people of Argentina like to do favors for each other, but if a favor is done for you than you will eventually be called upon. When it comes to business, Argentines only like to do business with people they know. This seems a little close-minded and could have a negative effect on their business relations. In the United States, we do a lot of our business over the phone and face-to-face, but Argentina prefers face-to-face meetings only. Once a relationship is built, Argentines will be loyal to you rather than the company you work for. Argentines focus most on looking good to others and are very judgmental. They do not only judge the way you speak, but the way you present yourself is more important. When dealing with Argentines, one should watch what they say and how...

Words: 1148 - Pages: 5

Premium Essay

The Great Man

...He was one of Bolivia's founding-fathers and served as Bolivia's president from August 12, 1825. December 29, 1825. He also played an important role in helping other South American countries gain independence from Spain and served as president in other countries of South America. His parents were Colonel Juan Vicente Bolívar y Ponte, and Concepción Palacios Blanco. He had two older sisters and a brother: María Antonia, Juana and Juan Vicente. There was another girl, María del Carmen, who died at birth. Before he was three years old, Simón lost his father, who passed away in January of 1786. He played an important role in the liberation of a large part of South America from Spanish rule in the 19th century. On his visit to Europe, Bolivar got the opportunity to witness the coronation of Napoleon. This incident sparked the idea of revolution in his mind, so on returning home, he joined the Venezuelan revolution. He was barely in his 20s then. His victory spree came to an abrupt halt, when his forces were defeated by the Royalist army in 1815, and he was exiled to Jamaica. Eventually, a victory in Peru in 1824, led to the end of Spanish rule in the continent, making Bolivar a powerful force in Latin America. Bolivar died due to tuberculosis, a few months after he resigned as the president of Greater Columbia. http://www.travel-bolivia.com/famous-people-from-bolivia.html Nikita Murarka Ms. Cressman Spanish 3, Mod: 2 January 17, 2011 Winter Solstice festival The midwinter...

Words: 436 - Pages: 2

Premium Essay

Emerging Adulthood

...Key to notes listed a = also approved for Analyzing the Natural World b = also approved for Understanding the Individual and Society c = also approved for Understanding the Past d = also approved for Understanding the Creative Arts e = also approved for Exploring World Cultures f = also approved for Understanding U.S. Society g = Indicated courses specifically designed for those majoring in areas other than science and mathematics h = LAS nonlaboratory courses Anthropology (ANTH) | 102 | Introduction to Archaeology | 4 hourscg | 105 | Human Evolution | 4 hourscg | 218 | Anthropology of Children and Childhood | 3 hoursbh | 238 | Biology of Women Same as GWS 238 | 3 hoursgh | | | | Biological Sciences (BIOS) | 100 | Biology of Cells and Organisms | 5 hours | 101 | Biology of Populations and Communities | 5 hours | 104 | Life Evolving | 5 hoursg | | | | Chemistry (CHEM) | 100 | Chemistry and Life | 5 hoursg | 112 | General College Chemistry I | 5 hours | 114 | General College Chemistry II | 5 hours | 116 | Honors General Chemistry I | 5 hours | 118 | Honors General Chemistry II | 5 hours | 130 | Survey of Organic and Biochemistry | 5 hours | | | | Computer Science (CS) | 100 | Discovering Computer Science | 3 hoursh | | | | Earth and Environmental Sciences (EAES) | 101 | Global Environmental Change | 4 hours | 111 | Earth, Energy, and the Environment | 4 hours | 200 | Field Work in Missouri | 2 hours...

Words: 8029 - Pages: 33

Premium Essay

Disneyworld

...not short ones which Euro Disney offered. They overlooked the calendar timings where Europeans were more likely to travel. The restaurant design was classy and American like which was rejected by Europeans as they felt that they were artificial. Apart from the restaurants, the meal scheduling was also flawed. Euro Disney also had a no alcohol policy which the Europeans did not like as wine is important part of their culture. Europeans are bound by tradition as to what they eat and the way they shop. Though Europeans are brand conscious, still they prefer national brands. So changing the name to Disneyland Paris appealed more to them as Paris was considered as romantic while Euro was related to commerce and business. To attract Spanish and Latin American markets, special week long celebrations could be organized. It has to be done in such a way that a...

Words: 505 - Pages: 3

Premium Essay

Arms Trafficking in Us and Mexico

...Arms Trafficking between the United States and Mexico: The Drug Trafficking Nexus Transnational Crime and Globalization By: Katrina T. Mason May 2, 2008 The United States is quite known for their proactive stances on the “War on Drugs”, “War on Terror”, and “War in Iraq”. Some view them as the international police and others view them as the international fiend, but it is in no doubt that the United States takes a very active stance in fighting what they believe is evil and wrong within the world. This is increasingly true for the evils that occur within its own borders such as the continued drug epidemic, domestic violence, child abuse, poverty, gangs, and prostitution (with the exception of Nevada). Unfortunately though, the United States’ stance on legal activities crossing from their own governance into neighboring states where the activity is illegal is not held with the same level of concern or dedication. A primary example of this double standard can be seen on the Mexican-United States border. This is not in reference to the debris from the giant wall being built on the Mexican border falling to the southern side, the young Americans fleeing across the borders to intoxicate themselves, or even the revolution of McDonalds springing up in towns throughout Mexico; but instead to the small arms and light weapons trafficking continually flowing down from the border states into Mexico causing alarming murder rates, economical...

Words: 8003 - Pages: 33

Premium Essay

Hispanics in America

...Hispanics in America Krystyn Whitehair-Bills Cultural Diversity 09/14/2011 “Hispanic” is a term used to group a wide range of cultures and people into one category, in my opinion, kind of like the term “White”. Mexican Americans, Puerto Ricans, Dominicans, and even Columbians are a few nations that are classified as “Hispanic”. Although there are many different groups of people lumped together in one category, it does not mean that they are all the same. In some instances when comparing two groups of Hispanics, they can seem completely different. Each group has different traditions, beliefs, and cultures. Hispanic people come from Southern American countries such as Mexico, Puerto Rico, Dominican Republic, and Colombia. They immigrate to the United States most often because it is relatively close and offers many opportunities to achieve something many only dream about. Mexican Americans are a group of people who come from Mexico in search of ways to make a better life for themselves or their families. These people have worked as migrant workers that would come to town so they could work in the orchards or other labor jobs for the money, and take it home with them at the end of the season. In addition, Mexican Americans generally do not tend to go farther than high school with their education, this could reflect on their average pay, which is lower than the national average. I believe the people are ok with this because even a low wage job in the United States pays better...

Words: 1067 - Pages: 5