Latin Inc
Finance
LATIN AMERICA OUTLOOK FOR 2009: Taking stock of the financial crisis and adjusting plans
The recent financial crisis has shaken business confidence across the globe. Emerging markets are victim to a financial meltdown that is largely not their doing. Latin America witnessed the erosion of its enviable macroeconomic position in a matter of weeks as capital flew the coop and currency prices plummeted. After six years of consecutive growth, global business became accustomed to and even reliant upon a steadily expanding Latin American market. Now companies are questioning their plans for 2009 and wondering out loud how best to address the risks and potential opportunities facing them in the year ahead.