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Analysis: In Latin America, business climate is king again

By: Yossel in NUTS & BOLTS | Recommend this post (0)
Fri, 13 Jan 12 2:58 PM | 92 view(s)
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Analysis: In Latin America, business climate is king again

Employees work on drilling rigs at an oil well operated by Venezuela's state oil company PDVSA in Morichal July 28, 2011.

SAO PAULO (Reuters) - Here's an economic riddle of sorts: Which economy grew faster over the last seven years? A) President Hugo Chavez's Venezuela, famous for its forced nationalizations and "21st century socialism," or B) Chile, long renowned as a capitalist paradise for investors.


Credit: Reuters/Carlos Garcia Rawlins

Brian Winter

SAO PAULO
Thu Jan 12, 2012 9:20am EST

link-
http://www.reuters.com/article/2012/01/12/us-latinamerica-economy-idUSTRE80B13320120112





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