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Caribbean Investment Article - Investment Climate: IDB Group

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Investment Climate:

IDB Group December 2003

Inter-American Development Bank

Sustainable Development Department Infrastructure and Financial Markets Division

 

The economic and social situation in Latin America and the Caribbean in the early nineties was very problematic. Countries in the region had experienced a lost decade where some of them had defaulted their debts, but where almost all of them did not apply the necessary reforms to face an increasingly integrated world. In the late nineties, some countries were facing serious macro economic destabilization that included hyperinflation and lack of economic growth. more...

 

 

 

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