Thinking Small

Some small countries think big. Central America for the most part consists of small countries, which think small.

Thursday, January 17, 2008

No other region of the world is made up of so many tiny economies, with such a low level of integration.
If Central America had a higher level of economic cooperation, it would become a more efficient market, capable of creating more (and better-paying) jobs, while reducing consumer costs.
Now if regional businesses would only promote the integration concept, it might actually happen.
Individually, each Central American economy is tiny, ranging from Guatemala in 66th place in the latest World Bank ranking, to Nicaragua at 134.

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More on this topic

C.A. Entrepreneurs Urge to Accelerate Integration

December 2010

Seasoned in negotiations with Europe, Central American employers are demanding to political sectors to accelerate the process for the economic integration of the isthmus.

50 years after the signing of the General Treaty of Central American Integration, over 40 million people living in the region still do not enjoy the economic benefits and development opportunities that could effectively be consolidated if Central America would act as a single economic unit, much like the European Union.

Central American Banking Analysis

September 2010

A report from Fitch indicates that only in 2011 the Banks of Central America will reach profitabilitye levels that could be compared to those before the crisis.

Fitch thinks that the majority of Central America's banking systems will earn more profits than in 2009, but it will not be until 2011 when they reach profitability levels comparable to the ones they had before the crisis.

Thinking Small

February 2008

Some small countries think big. Central America for the most part consists of small countries, which think small.

No other region of the world is made up of so many tiny economies, with such a low level of integration.
If Central America had a higher level of economic cooperation, it would become a more efficient market, capable of creating more (and better-paying) jobs, while reducing consumer costs.

The Central American Economic Integration

January 2008

State of the situation november 2007, of the economic integration process of the Central American region, basically refers to the legal institutional framework and insertion of Central American into international trade.

Intitutional legal scope, Central American trade with the world, Central American free trade zone, Central American customs union and the insertion of Central America into the world economy.

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