Anyone familiar with the business environment in Latin America? Have heard conflicting perspectives -

• Asked by Richard Candia

  NYCO Answer:

  “Richard, you will always hear conflicting perspectives if you want to treat LATAM as a whole. The region is diverse in grades of development, political and economic systems, stability, etc. If you want to analyze business environment, you must do it country by country as they differ so much. By doing this segmentation the opinions would be much more homogeneous. I am very familiar with the region. What countries are you specifically concerned about? From my point of view, in the past 2 years, Venezuela and Bolivia are the countries with the deepest changes in business environment for political reasons and in a negative way, while Argentina and Peru had the deepest change in a positive way due to economic development.”