Latin Business Index 2007
Chile and Mexico best,
Miami, USA (May 10, 2007) - Chile cements its position as the best country in Latin America to do business in, according to the second annual Latin Business Index from Latin Business Chronicle.
Measured by trade groups, Mercosur fared best, with an average score of 27.89 points, followed by CAFTA at 23.08 points and the Andean Community last at 22.78 points. However, all trade groups lag
If ALBA - the political-economic alliance headed by
The best and worst within each trade group are:
? Andean Community:
The index of 19 countries looks at five key categories and 28 subcategories to measure the recent, current and future business environment in a country. They are:
? Macro Environment (GDP growth 2005 and 2006, estimated growth this year and forecasted growth next year, GDP per capita and inflation 2005 and 2006, estimated inflation this year and forecasted inflation next year).
? Globalization & Competitiveness (globalization, competitiveness, tariffs and education/ health).
? Corporate Environment (corporate tax rates, access to capital for entrepreneurs and ease of doing business, including starting and closing a business).
? Technology Level (PC, Internet, wireless and fixed telephony penetration).
? Political Environment (political freedom, economic freedom, political stability, political outlook, business policies of government, degree of transparency and security).
The complete report, including the ranking, is available to media upon request.
About Latin Business Chronicle
Latin Business Chronicle is a weekly online journal specializing in
Latin Business Chronicle
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