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Home > Financial Quotes > Doing Business in Latin America

Financial Quotes

Doing Business in Latin America Quotes

  • "What's the chance that I'd want to own this Venezuelan company for a long time because I have confidence in the company and the country? Very, very small."
    Said by a US emerging markets fund manager.
    Source: Quoted in the Wall Street Journal (November 21, 1996)
  • "It is easier for a Chilean to buy a company in Argentina than it is to buy duty free."
    Source: Quoted in the New York Times (November 17, 1996)
  • "Multinationals are no longer immune from violence in Mexico. I personally know of seven American chief executives that have looked at the wrong end of a weapon in Mexico."
    Morton Palmer, US head of Palmer Associates security consultants
    Source: Quoted in the Wall Street Journal (October 29, 1996)
  • "We may not be a tiger yet but we are already a jaguar."
    Referring to the Chilean economy.
    Source: Quoted in Worth (August 1995)
  • "The United States is glad to manipulate cheap Mexican labor, chastising it in days of crisis, accepting it in boom times, and always maintaining the police fiction of an impregnable border."
    Carlos Fuentes (1928–), Mexican writer
    Source: A New Time for Mexico (1994)
  • "Since economies in the process of organization lack resources to dynamize themselves … it is right to accept the aid of all who want to run with us the risks of the marvelous adventure that is progress."
    Roberto Campos (19172001), Brazilian politician and economist
    Source: Speech, Mackenzie University, São Paulo, Brazil (December 22, 1966)
  • "The Argentinians alter their currency almost as frequently as they change their finance ministers. No people on Earth has a keener interest in currency experimentation than the Argentinians."
    Source: Bankers Magazine (1889)

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