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Leadership – the key to growth

Big entrepreneurial success stories are becoming more and more common in Latin America. The list of large, efficient international companies has grown, and they have become more relevant to the world economy. The explanation for their success goes beyond high commodity prices or the growth of the middle class. On one hand we have enormous worldwide liquidity that has lowered interest rates and moved investors’ money into the developing economies, where there is a higher return on capital. There is also growth in local savings in the pension funds, the retreat of multinational firms to the their trenches in their […]
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