1 Dec 2001, 00:00 - 9 Oct 2025, 15:00
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Publication
Abstract The financial crisis of 1994-1995 sounded a wake-up call to Latin America, indicating that regulation and supervision needed to be strengthened substantially. Since then, important steps have been taken to set rules and ensure their implementation, but financial regulation and supervision do not take place in a vacuum. On the one hand, they must be consistent with domestic macroeconomic policies, and they need a supportive macroeconomic environment in which to operate. On the other hand, they have to take into account the new international rules being proposed by multilate…
1 Aug 2001, 00:00 - 9 Oct 2025, 15:00
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Publication
Summary
The purpose of this report is to analyse the factors that have determined the flow of investments in mining operations in Latin America and to evaluate the extent of such investments in the 1990s. This period is in clear contrast both with the 1970s, when investments were buoyant owing to nationalization and new projects that boosted State participation in mining operations, and with the 1980s, when investment flows were sluggish.
The surge in investments in the 1990s was part of the general trend towards economic liberalization and elimination of barriers to foreign capital inflows, m…