As US regulators and government work together to increase liquidity and help stabilise the economy, mixed opinions abound on just how much public money should be used to alleviate the problems stemming from the country’s banking sector. Writer Jane Monahan.
Americas
Latest articles from Americas
Óscar Iván Zuluaga
October 6, 2008Óscar Iván Zuluaga has overseen the end of an economic boom and the onset of a period of uncertainty since becoming Colombia’s finance minister in February 2007. The Banker interviewed him at the Finance Ministry in Bogota. Writer Jane Monahan.
Optimism soars in the Andes
October 6, 2008Stable government is creating an atmosphere of confidence in Colombia. Now it needs its free trade agreement with the US ratified. Writer Jane Monahan.
Better prepared to defy the storms
October 6, 2008Given the lessons learnt during the Tequila Crisis of the mid-1990s, analysts and bankers are positive about Mexico’s ability to survive, and even thrive, during current worldwide economic turbulence. Writer Theresa Braine.
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.
Longer tenors and more microfinance diversify portfolios
October 6, 2008The private sector is showing its confidence in Uruguay’s revitalised banking system by investing more, and a robust deposit base is allowing banks to offer their corporate clients longer tenors. By John Rumsey.
Crisis shrugged off as banking thrives
October 6, 2008The Uruguayan banking system has put the dark days of 2002 behind it. Deposits and lending are booming, and banks have shown an annual growth rate of 14% for five consecutive years. By Fernando Calloia.
No let up in Uruguay success story
October 6, 2008Thanks to prudent macroeconomic policies and balanced fiscal accounts, Uruguay’s economy is showing low inflation coupled with strong gross domestic product and foreign direct investment growth. By Fernando Calloia.
Douglas Holtz-Eakin
October 6, 2008Douglas Holtz-Eakin tells how a McCain presidency would react to foreign bids for US firms. Writer Courtney Fingar.
Dan Tarullo
October 6, 2008Dan Tarullo explains the impact an Obama presidency would have on foreign investment. Writer Lara Williams.