"It is important that the rules are not changed"
Ondine Smulders, senior editor of The Economist, has said that the future economic scenario for El Salvador look gray: a slowdown in growth of up to 2.5% in 2009, due to the possible decline in consumption, exports and remittances.
Friday, September 12, 2008
Predicting the future is not easy, says Smulders, especially since the pre-electoral climate, as well as the world economic slowdown, cause investor perspectives to change and they need to have a clear rules of engagement to continue investing in the country.
The Association for Investigation and Social Studies (ASIES) carried out a moderate study of the local economy.
Indicators show a loss of dynamism in the Costa Rican economy, which fell from a year on year growth of 7.2% in February, to 2.39% in October.
The Economist will hold a "Business Roundtable: El Salvador as a business and investment destination: Opportunities and Challenges."
The growth of the Nicaraguan economy at the end of 2008 will be lower than that of 122 other developing countries.
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