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Latin America's Volatile Financial Markets. / Jonathan Lemco and Scott B. MacDonald.

by Lemco, Jonathan; Flanighan, James; SIRS Publishing, Inc.
Material type: materialTypeLabelBookSeries: SIRS Enduring Issues 2002Article 3Business. Publisher: Current History, 2001; Los Angeles Times, 2001ISSN: 1522-3191;.Subject(s): International business enterprises | International economic relations | Capital market | Dollar -- American | Investments -- Foreign -- Latin America | Monetary policy -- Latin America | Latin America -- Economic conditions | Latin America -- Economic policy | United States -- Economic relations -- Latin AmericaDDC classification: 050 Summary: LATIN AMERICA'S VOLATILE FINANCIAL MARKETS -- "As Latin America enters an era marked by the globalization of communications and markets, two factors dominate its economic development: the region's relatively moderate importance to the world economy, and its continued dependence on international capital markets to fuel local growth." (CURRENT HISTORY) This article examines Latin America's volatile economy.Summary: FOREIGN CAPITAL IS KEY FOR LATIN AMERICA -- "This year, more that $60 billion of investment from companies all over the world will flow into Latin America, setting up operations to produce and sell locally and export to global markets. Those investments represent infusions of capital to countries that until the last decade [1991-2000] have remained relatively poor and on the margins of the global economy." (LOS ANGELES TIMES) This article maintains that in order for Latin America to thrive financially, it needs foreign capital investment.
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This MARC record contains two articles.

Articles Contained in SIRS Enduring Issues 2002.

Originally Published: Latin America's Volatile Financial Markets, Feb. 2001; pp. 86-89.

Originally Published: Foreign Capital Is Key for Latin America, April 29, 2001; pp. n.p..

LATIN AMERICA'S VOLATILE FINANCIAL MARKETS -- "As Latin America enters an era marked by the globalization of communications and markets, two factors dominate its economic development: the region's relatively moderate importance to the world economy, and its continued dependence on international capital markets to fuel local growth." (CURRENT HISTORY) This article examines Latin America's volatile economy.

FOREIGN CAPITAL IS KEY FOR LATIN AMERICA -- "This year, more that $60 billion of investment from companies all over the world will flow into Latin America, setting up operations to produce and sell locally and export to global markets. Those investments represent infusions of capital to countries that until the last decade [1991-2000] have remained relatively poor and on the margins of the global economy." (LOS ANGELES TIMES) This article maintains that in order for Latin America to thrive financially, it needs foreign capital investment.

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