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Old 09-02-2006, 04:13 AM   #13
Malinguenem

Join Date
Oct 2005
Posts
424
Senior Member
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Originally posted by Brachy-Pride
IN latin american countries, in which you often have at least 3 different political parties with radically different ideas ideas who can win ( + new political parties ), the newspapers say that that is bad, because whoever wins does the complete opposite of what the previous president did, and in that way the country can never progress. There is something to this. Investors and companies like to have order and consistancy because if you are going to invest hundreds of millions into a new car factory or similiar type of business then you want radical changes. Especially since it may take 30 years for them to make a net profit off of their intial investment. If you invest and 5 years later a looney like Morales or Chavez comes in then everything can get screwed up by the radical new laws. Even if there aren't radical changes to the law then many investors still avoid the whole region due to the fear that it might happen.

That sucks for the countries like Chile and Uruguay who are doing everything right but who still get tarred as being high risk countries due to being in Latin America.
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