Wednesday, September 28, 2011

El Salvador's economy lags

An article in the Latin Business Chronicle looks at economic forecasts from the International Monetary Fund for countries in Latin America. El Salvador is forecast to finish last among the region's economies with growth of only 2% in 2011. The reasons for El Salvador's anemic growth are varied. The country is closely tied to the US economy, which is also struggling mightily. Investors avoid the country. The crime problem impedes business activity.   Unfortunately, solutions have been few.





No comments: