End of preview - This article contains approximately 1687 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Latin American Economy & Business - August 2013 (ISSN 1741-7430)
GUATEMALA: The curse of poverty
By many measures, Guatemala's economy has been performing well, and should continue to do so. Public finances are in good order. The current account is broadly balanced. The export mix is diverse. The banking sector is well capitalised. However, poverty, and attendant problems, are entrenched and widespread. They will remain so while public sector social spending is minimal and overall government revenues and spending stay at around 12%-14% of GDP. Crime/theft and corruption will remain the most problematic factors (by far) for doing business in Guatemala for the foreseeable future. The country's relative size and geographic location mean that the challenges it faces will contribute to instability in its smaller neighbours in Central America.
- For Growth - More Businesswomen Needed
- CAF-Latin American Development Bank: Slipping profitability, rising funding costs?
- FAST MOVING CONSUMER GOODS: Not quite so fast moving in mid-2013
- REGION: Latin America left to motor under its own power
- CHILE: Bachelet versus Matthei: The economic issues
- BRAZIL: The bullet train that won’t be leaving just yet...
- BRAZIL: Vale profits dip – but executives remain optimistic
- URUGUAY: Pulp, sulphur and politics
- MEXICO-BRAZIL: Femsa Swoops On Spaipa
- GUATEMALA: The curse of poverty
- STOCK EXCHANGES OF THE CARIBBEAN: Mirrors to the economies that they serve