Latin America has regained attractiveness for foreign direct investment. However, it is still uncertain whether the recent boom of capital inflows is sustainable, and which countries are well prepared to benefit from the current trend towards globalized production. Economic policies pursued by...

Politicians in Asia and some economists contend that developing countries are at the mercy of the rapidly changing winds blowing from international capital markets. We are indeed witnessing another episode of volatility in capital flows, with foreign investors suddenly fleeing emerging markets...

Trotz des Booms ausländischer Direktinvestitionen in Lateinamerika klafft zwischen Wunsch und Wirklichkeit immer noch eine erhebliche Lücke. Bei vielen Standortfaktoren fällt die Region weiterhin hinter die Attraktivität asiatischer Konkurrenten zurück. Auch innerhalb Lateinamerikas...

The dramatic changes presently taking place in the world economic environment involve considerable risks, but at the same time offer significant opportunities which should not be ignored. Some of the major challenges the world economy is facing in the 1990s are discussed in the following article.