Long 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.

The 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.

The 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.

Thanks 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.

If the market meets standards of best practice, there is less need for the authorities to impose draconian new regulations.

Douglas Holtz-Eakin tells how a McCain presidency would react to foreign bids for US firms. Writer Courtney Fingar.

Dan Tarullo explains the impact an Obama presidency would have on foreign investment. Writer Lara Williams.

Staving off food riots means governments must end their love of peasant agriculture, accept GM and stop growing bio-fuels.

Germany’s example shows that renewable energy markets can be created if governments actively invest in infrastructure and provide clear, long-term policies. Writer Geraldine Lambe.

Russian federal government finances have never looked healthier, but rising inflation, growing regional divides and the fallout from the conflict in Georgia mean finance minister Alexei Kudrin still has his work cut out.