LETTERS.The FARC Noun 1. FARC - a powerful and wealthy terrorist organization formed in 1957 as the guerilla arm of the Colombian communist party; opposed to the United States; has strong ties to drug dealers way I want to congratulate LATIN TRADE Latin Trade is a monthly magazine covering global business in Latin America and the Caribbean. Similar to Forbes and Fortune Magazine in coverage, the magazine was founded in 1993 and now publishes 87,000 copies 1 each month in Spanish, Portuguese, and English. for the excellent article. "Guerrillas in Business" (April 1999). The concept of applying a strategic business analysis to an efficient organization that is so far removed from the accepted capitalist model was an excellent idea. I also liked the piece's layout. It clearly told more about the subject than four pages of text would have. After reading the piece, you almost wish every story could be presented this way. Rafael S. Vasquez President ComCorpo Caracas, Venezuela Crystal clear bidding I read with great interest your article, "Muddy Waters" (March 1999). As a consultant on water projects. I've spent the last five years on the subject of privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned in relation to public utilities serving residential areas. In my opinion, privatizations fail for two reasons. First, the projects are inadequately structured--technically, financially, institutionally and politically. Latin American governments do not dedicate enough resources to planning the various aspects of such projects. So, what you see is the product of a government making it up as it goes along, a government only too happy to unload the burden of managing these businesses. Second, corruption remains an obstacle to keeping the process transparent and open. This is why public works public works pl.n. Construction projects, such as highways or dams, financed by public funds and constructed by a government for the benefit or use of the general public. Noun 1. projects get handed over to multinational companies without any restrictions or controls. To avoid all this, it is necessary to put into place certain controls, perhaps the most important is citizen control, over the politicians in charge of privatization. A key element of improved oversight is for the private and public sectors to agree to a clean and clear bidding process. Jose Fernando Cardenas Z. Medellin, Colombia Understanding history Why does your magazine and most other media ignore the very significant issues of Spain and Portugal, Latin America's mother countries? Their problems relate directly to those of their one-time colonies in the New World. The countries share a common heritage, language, unstable governments, and Catholicism. The enduring struggles of the New World "children" have their origins in these Old World countries. Edmund C. Stanley Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . California, USA What about Puerto Rice? I have read the last several issues of LATIN TRADE, but have yet to see any articles. rankings, charts or anything about Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . Is Puerto Rico not considered "Latin"? Or is it considered "Caribbean" for the purposes of your magazine? Jose A. Maymon Nashville, Tennessee “Nashville” redirects here. For other uses, see Nashville (disambiguation). Nashville is the capital and the second most populous city of the U.S. state of Tennessee, after Memphis. , USA Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. . Puerto Rico is a commonwealth associated with the United States. |
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