In and out.Net foreign investment into Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. this year may end up short when compared with last year--maybe by as much as half. Investments flowing into the region from abroad hit US$50.10 billion in 2005, a figure that should come to $27.70 billion this year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Institute of International Finance. It's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have not a bad thing: Many countries paid down debts, which accounts for the drop in the net inflow in·flow n. 1. The act or process of flowing in or into: an inflow of water; an inflow of information. 2. . Brazil Brazil (brəzĭl`), Port. Brasil, officially Federative Republic of Brazil, republic (2005 est. pop. 186,113,000), 3,286,470 sq mi (8,511,965 sq km), E South America. alone paid off $13 billion in debts while Mexico and Venezuela paid a combined $7 billion. According to the study, the Asian-Pacific region will take in 60% of all foreign investment bound for emerging markets this year. While Latin America pays its debts, many of its companies are investing abroad, especially in Brazil. "These companies are becoming multinationals, which is even better than positive and can help by further opening the region's economy," says Keith Sacard, global director of economic research at the Institute of International Finance. |
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