| ign="center"> | | | | decades. But unlike some of them, it has also |
| Like many other regions impacted by the global | | | | witnessed steady GDP growth above 5% per year |
| economic crisis, investors and business executives | | | | since 2002, having posted a 9% gain in 2008. |
| across Latin America have been forced to recalculate | | | | The economic ripple effects of the global financial |
| expectations of return on investment and corporate | | | | crisis have reached Chile, where they are driving |
| earnings. | | | | increased unemployment, reducing the corporation |
| Brazil, the largest of the Latin American economies, | | | | valuation and moving business leaders to suspend |
| finds that the sheer size of its markets exposes | | | | significant business decisions until the extent of its |
| them uniquely to the global economic currents, yet | | | | impact is fully understood. The focus, clearly, is on |
| paradoxically, Brazil also finds its business growth | | | | the bottom line. |
| engines somewhat insulated from the same | | | | One of the primary drivers of future economic |
| challenges. While the full extent to which Brazil will | | | | development and expansion is the quality and depth |
| feel the ripple effect of the global recession remains | | | | of Latin Americaâs labor force, including its |
| to be seen, there remains some confidence that its | | | | senior management leaders, on whose shoulders rest |
| proactive economic steps will put the country on the | | | | both the responsibility and accountability for driving |
| road to economic growth perhaps sooner than some | | | | business performance in large regional and |
| of its neighbors in the region. | | | | multinational companies. |
| The road to economic recovery and sustainable | | | | As the perspectives of TRANSEARCH |
| prosperity in Mexico will require it to decide how best | | | | Internationalâs Latin American executive |
| to stimulate its national economy in the face of the | | | | search consultants reveals, the pace of future |
| global recession, to address the devaluation of the | | | | business growth will continue to hinge on the |
| peso, and to balance its dependency on | | | | regionâs ability to develop, attract and |
| manufacturing exports to the United States. | | | | leverage the right business leaders who can drive |
| The political, social and labor dynamics in the oil-rich | | | | talent equity and sustainable business advantage. |
| economy of Venezuela have created an atmosphere | | | | This article is a summary of the White Paper entitled |
| in which enterprise management has to devote a | | | | 'Latin America: Driving Toward Sustainable Business |
| great deal of energy and resources to adapt to the | | | | Advantage'. Get your copy of the full White Paper |
| crises and potential crises created every day by | | | | via the Transearch International website at It may |
| political decisions and behaviors. | | | | alter your view of the market and competitive |
| Like many of its neighbors in Latin American, Peru | | | | forces at work and how to evolve with them. |
| has experienced a number of crises in the last two | | | | |