Opportunities arise from the crisis

Will the economy die? Not necessarily. This is a moment of change, and with change comes new opportunities.

Friday, August 8, 2008

It should be recalled that this is a cycle, the economy will improve in the future, and then fall again.
This is why we have made 10 observations to maintain a realistic, calm and positive outlook:
1. Vision: The door of opportunities to improve and change the economic reality of Guatemala is opening. This is a time of global and national change. We should ensure that the change is positive.
2. Reality: We are in crisis because many of the solutions were effective in their time, but today they may not be applicable. This creates space for new ideas for technological and productive sustainability, for identifying new resources, markets, etc.
3. Guatemala in the World: the rules are always the same, if one is able to offer a good product at a competitive price, there will always be a demand for it.

More on this topic

To raise or lower sails

December 2008

Business tips to get through the crisis and even take advantage of the opportunities that arise in complicated times.

Uruguay is a country with an economy that is similar to some central american nations, boasting businessmen with considerable experience in financial and economic crisis.

"It’s not the Strong but Those Who Adapt to Change Who Survive"

March 2009

Seven strategies that, applying Darwinian maxims, Guatemalan businesses are implementing in order to overcome these times of crisis.

An article by Louisa Reynolds in Elperiodico.com.gt details different strategies that Guatemalan entrepreneurs are carrying out in trying to be more creative in order to take advantage of any new opportunities that may arise.

It is not a period of crisis, but a time of opportunity

December 2008

The reduction in costs due to the economic crisis has increased the opportunities for investment in the tourism sector.

This is the opinion held by some of the sector's specialists at the 32nd Caribbean-Central American Action (CCAA) Conference which ended last week in Miami.

Greece: A Live Lesson of Mismanagement

July 2015

A comparison between the crisis in the United States in 1929 and the one occurring now in Greece clearly shows that the sooner the costs of an exit from the crisis are assumed, the less time will be spent suffering from the measures taken to overcome it.


Obviously some aspects of the current economic tragedy of Greece are different from those suffered by the United States during Twenties of the last century.

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