Strong independent regulators are essential to provide confidence and attract national investment, says guest author Dr Emilio J. Cardenas, former Ambassador to the United Nations. He explains why and what factors to consider before trading in Latin America
MOST Latin American countries have shown surprising resilience during the world recession and recovered faster than high-income countries. They are now growing, propelled by a tail-wind of high commodity prices and sound macroeconomic policies which keep inflation low, control fiscal deficits and encourage investment. The result is that foreign investment is flowing vigorously into the region.