Latin America, Overview Of Economy, Business And Challenges

Essay specific features

 

Issue:

Business

 

Written by:

Peter F

 

Date added:

July 29, 2014

 

Level:

 

Grade:

B

 

No of pages / words:

9 / 2398

 

Was viewed:

6490 times

 

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Essay content:

High rates of poverty and bad income distribution remain as the main problems of the region. The last few years has shown that Latin America economy is getting stronger and growing at unprecedented rates in the recent decades, making the environment for business much more attractive. Economic Overview and Challenges From the middle 1980s to the beginning of the 1990s Latin America was suffering from hyperinflation, which damaged the economic activities...
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World Bank and International Monetary Fund recommended the fixed exchange rate as an anchor to inflation and as a mean of obtaining economical stability. This policy showed itself very harmful and inefficient socially and economically, and in the end of the nighties Argentina and Brazil experienced major financial crisis...
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