Is Argentina ready to do business with China Culturally ?
Is Argentina ready to do business with China Culturally ? A Sinologist highlights the enormous importance of culture when it comes to doing business with the world”s second-largest power The enormous weight of the trade and infrastructure accords Argentina has signed with the People’s Republic of China there is a key factor too often overlooked: culture. Gustavo Girado, a former adviser to the Agriculture Secretariat under the administration of the late president Néstor Kirchner (2003-2007) says that…
Populism in Latin America has reached a crisis point
LATIN AMERICA like North America, has moved to the left over the past few years. There victories in Argentina, Brazil, Bolivia, Venezuela, Chile and Uruguay were supposed to stand for prudent macroeconomic policies and the retention of the best of liberalising reforms of the 1990s, but combined with better social policies. Has yesterdays Populism in Latin America now reached a crisis point ? In different ways and to different degrees, all correspond to the Latin American past tradition…
Who are the big Agriculture Producers in South America ?
Who are the big Agriculture Producers in South America ? If there is one region in the world that competes with the U.S. as the world’s supplier of corn and soybeans, it is South America. There has been a significant surface expansion (mostly in Brazil, Argentina, Uruguay and Paraguay) in the last three decades,and there is a large amount of available land left in Brazil once the rainforests have been cleared. A study by Bain & Company, a Boston consultancy, forecasts that Argentina, Bolivia, Brazil,…
South American nations struggle to find a new economic model
South American Nations struggle to find a new economic model to cope with falling commodity prices. Four years ago, when the China-driven commodity price boom was in full swing and south-south ties were all the rage, Dilma Rousseff began her first term as Brazil’s president with a symbolic gesture — jetting off to Beijing. Now, as commodity prices collapse alongside China’s slowing economy, Ms Rousseff has begun her second presidential term by saying she wants to rebuild relations…
Disruptive technologies in agriculture could usher in artificial milk and beef
Disruptive technologies in agriculture are coming your way very soon. Get ready or join the dinosaurs. Would you buy artificial milk or beef if the price was right? United States-based entrepreneur and Stanford University lecturer Tony Seba was in New Zealand on Tuesday for a workshop on disruption technologies, which are new ways of doing things that disrupt or overturn traditional business methods and practices. He focuses on entrepreneurship, disruption and…
South America limits access to its resources for foreigners
South America limits access to its resources for foreigners? The country of Uruguay, sandwiched between South America’s largest economies Argentina and Brazil, is taking steps to protect its farmland from unregulated foreign investment which to date has been Argentina and Brazil. It’s a familiar story. Powerful countries with money to spend and mouths to feed look outside their own borders for agricultural land. But this time, it’s not only Europe or North America…
Chile the economic powerhouse of Latin America
A Rising Star By Mike Konrad Chile is now seen as the economic powerhouse of Latin America. When I first started to seriously study South America ‐‐ from a mix of curiosity and an attempt to relearn the high school Spanish that I had forgotten lo those many decades ago ‐‐ I fixed on Argentina as the one South American country with the greatest historical potential. On paper, Argentina should be world power. In reality, it is turning out to be Chile. Chile is remembered…
FACTA Regulations- Why Americans are giving up there Citizenship
FACTA – Why Americans living in South America are giving up there Citizenship in Droves By Martha Myron With the announcement last week from one of our major local banks, HSBC Private Bank Bermuda that they would no longer support accounts owned by US citizens, Bermuda residents with dual citizenship with the United States, and green card holders living in Bermuda, the concerns elucidated in many of my earlier columns regarding US tax compliance have come to pass. Fortunately, Butterfield Bank Private…
Agriculture industry’s economic prospects have been turned upside down.
The grain industry, which was a beneficiary of the great commodity super cycle, may be slipping into an extended period of moderation in prices, due in part to slowing global economies like China and Europe. The economies of emerging nations, such as Argentina Brazil, Russia, India, China, and Uruguay – along with South Korea, Indonesia, Mexico, and Turkey – are slowing. While the weighted average gross domestic product (GDP) growth rate of these nations in the first decade of the century was in the high…
Is it the governments job to grow the economy ?
With Elections due in Argentina, it might be a good time to look at the benefits of Big Government Parties. It may seem counterintuitive, but the researchers don’t actually think it’s the government’s job to grow the economy. Yet when many people think about economic growth, they conjure up an image of economists pulling policy levers to force it on people. Au contraire. Most economists, and pro-market liberals in particular, do not think along these lines at all. The government’s job is not to teach…
FATCA – America’s tax rort is exposed
The FATCA or the Foreign Account Tax Compliance Act. This is one-sided law which forces other countries to enforce US tax laws. If they fail to do so, they’re effectively locked out of US markets and the US dollar – the world’s reserve currency (at least for now). FATCA imposes a 30% withholding tax on interest, dividends, rents, and similar payments leaving the US. The only way to avoid the tax is for foreign financial institutions (FFIs) to act as unpaid IRS informants. Withholding came into effect…
China is Latin America’s leading banker: 22 billion dollars in 2014
China is Latin America’s leading banker: 22bn dollars in 2014 Loans by China’s state-owned banks to Latin American countries rose by 71% to 22bn dollars in 2014, according to estimates published by the China-Latin America Finance Database. The figure is the second largest on record for Chinese lending in Latin America, according to the report. The Chinese loans exceed the combined worth of those by the World Bank and the Inter-American Development Bank, the authors say. Brazil alone received 8.6bn,…
A country profile of Bolivia
Bolivia is a country of statistical extremes, landlocked Bolivia is the highest and most isolated country in South America. It has the largest proportion of indigenous people, who make up around two-thirds of the population. Though rich in mineral and energy resources, Bolivia is one of South America’s poorest countries. Wealthy urban elites, who are mostly of Spanish ancestry, have traditionally dominated political and economic life, whereas most Bolivians are low-income subsistence farmers, miners,…
AGRIBUSINESS REPORT: Latin America from a New Zealand prospective
AGRIBUSINESS REPORT “While some of the industries may be 20 years behind Western Countries, they’re not going to take 20 years to catch up,” said Matt Macfie, of Gallagher based in New Zealand. This epitomises the approach of the increasing number of New Zealand agricultural businesses with involvement in Latin America, many of whom deliver value propositions to the South American agricultural industry which aim to lift performance and productivity to parallel New Zealand farming standards.…
Latin American Economic Outlook for 2015
Latin American Economic Outlook for 2015 The Latin American Economic Outlook is the OECD Development Centre’s annual analysis of economic developments in Latin America. This edition’s focus is on the role of education, skills and innovation and published on www.latameconomy.org, a very resourceful site for information on Latin America You can consult the country notes for a quick overview of recent trends and policy changes in education of 10 Latin American countries. You can also read the entire…
