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The Answers: The Global Economy by Jeremy Kourdi

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LATIN AMERICA

When I mention Latin America as a future business opportunity to global senior executives who are about to retire, the usual reaction is skepticism. “We lost our shirts a few times there and I would never invest much. It will never be sustainable,” said one executive to me recently. If there is a continent that has a history of debt default and serious economic problems, Latin America was for years a symbol of such in international business circles.

But history is one thing and today’s reality is another. The economic, political and business transformation during the last decade has been remarkable in a number of important countries. In 2010 Latin America was the second fastest growing area in the world in terms of economic growth ...

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