In response to rising inflation, Guatemala has adjusted its interest rates eight times in the past two years, and is working carefully to co-ordinate its monetary and fiscal policies, explains the president of Banco de Guatemala. Writer John Rumsey.
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Juan Fuentes
November 3, 2008The Guatemalan economy has big potential, particularly in fuel and food production. The country’s minister of finance talks about his fiscal reform programme and intent to create a sustainable tax base. Writer John Rumsey.
Right place, wrong time
November 3, 2008Just as the banking industry’s big names turned their attention towards Guatemala, the credit crisis struck, plunging the country’s modernisation plans into jeopardy. Writer John Rumsey.
A boom at odds with world gloom
November 3, 2008Panama has been capitalising on its prime location between the Americas to attract foreign companies, and has been ramping up its infrastructure to support growth. So how will it be affected by the global slowdown? Writer John Rumsey.
Foreign banks to the rescue
November 3, 2008Domestic issues have caused Vietnam’s underdeveloped banking sector to struggle in recent years. Will these difficulties be eased when foreign banks enter the market? Writer Nick Freeman.
Slovak banks reach for the euro
November 3, 2008Slovakia’s qualification for eurozone entry is a rare success story in a tough year for the country. The qualification brings new opportunities for the banks, and also some logistical challenges. Writer Philip Alexander.
Eyes on new Europe for profit
November 3, 2008Greece’s avoidance of complex banking products means it has weathered the downturn better than other European countries. Now it is stealing a march on bigger economies by expanding into its near neighbours. Writer Stephen Timewell.
Russia hears echoes of LTCM
November 3, 2008Russian financing is one of the many areas in which banks have been left nursing losses. So how were the banks lending and how have they withstood the recent equity market rout? Writer Natasha de Terán.
Mapping out Africa’s road to success
November 3, 2008Infrastructure should be the cornerstone of Africa’s development partnership, according to the prime minister of Kenya. By The Rt Hon. Raila Amolo Odinga.
Uruguay makes its mark overseas
October 6, 2008Long dependent on exports and its larger neighbours, Uruguay is using tax breaks, duty-free zones and investor-friendly legislation to make itself an attractive prospect for foreign money. By John Rumsey.