Backgrounder

Guyana
In 2015, Guyana, an agriculture-based economy, found oil deposits along 193 km of its coast. (Dan Lundberg)

How Petrostate Guyana Got Caught in the Cross Hairs

1170 658 Paz Gómez

A tiny English-speaking country in northern South America, Guyana will be the world’s fastest-growing economy thanks to the massive oil reservoirs.

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neobank user
Despite Latin America’s legendary burdensome regulations, the first neobank in the region also emerged in 2013. (Canva)

Neobanks a Game-Changer for Unbanked in Brazil

1170 658 Paz Gómez

Despite economic woes, Brazil has emerged as an unlikely global leader in the next generation of banks.

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MILA
MILA will not take off until member countries harmonize investment rules and provide tax incentives. (MILA)

The Latin American Integrated Market (MILA): A Misnomer?

1170 658 Daniel Duarte

Lack of Harmonization, Red Tape Hamper Investment

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Honduras Prospera
Honduras Próspera is offering limited presale reservations for housing units that will become a boutique hotel. (Próspera)

First Startup City Revives Honduran ZEDEs

1170 658 Paz Gómez

For years, Honduras’s ZEDEs seemed destined to never get off the ground. Roatán Próspera took everyone by surprise when it launched in early May 2020.

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Seasteading Panama
The final version of SeaPods will host SeaBnBs, timeshares, or long-term rental businesses. (Ocean Builders)

Seasteading Startup Docks in Panama

1170 658 Paz Gómez

Seasteading, the idea of building permanent and self-governing dwellings in international waters, has pivoted to Latin America.

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REITs in ecuador quito
Real estate is one of the country’s top five economic activities, accounting for 8 percent of GDP and more than 2 million jobs. (Canva)

REITs in Ecuador Take Off

1170 658 Paz Gómez

Real Estate Investment Trusts (REITs) are just four years old in Ecuador, a dollarized economy, with tax benefits driving their rapid development.

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nicaragua energy
The Nicaraguan market share of Alba Generación has decreased by 70 percent from January 2019 to January 2020. (Canva)

Fixed for Failure: Corruption in Nicaragua’s Energy

1170 658 Paz Gómez

In 2019 alone, energy bills in Nicaragua saw an 18.3 percent increase. The major causes were persistent inefficiency and US sanctions.

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The Financial Oversight and Management Board established under PROMESA started to manage Puerto Rico’s finances in May 2017. (Financial Oversight & Management Board for Puerto Rico)

What Bankruptcy Means for Puerto Rico

1170 658 Paz Gómez

Three years have passed since a legal experiment allowed Puerto Rico to declare bankruptcy, and financial recovery remains elusive.

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FBI in Paraguay
President Donald Trump met with Paraguay President Mario Abdo in the Oval office of the White House. (The White House)

The US Campaign to Fight Corruption in Paraguay

1170 658 Daniel Duarte

President Abdo Benítez Partners with FBI against Own Party

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