The new business environment of latin america and the caribbean

  title={The new business environment of latin america and the caribbean},
  author={H. Arbel{\'a}ez and C. Milman},
  journal={International Journal of Public Administration},
  pages={553 - 562}
Latin America and the Caribbean Region experienced dramatic changes in the 1990s. Politically, all but one country, are governed by a democratically elected government. Economically, import substitution industrialization policies (ISI) followed in the past, were replaced by liberalization programs aimed at reducing inflationary pressures and creating a competitive environment. The significant increase in capital flows to Latin America in one single year, 1990, buried the 1980s as the “lost… Expand
7 Citations
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