To raise or lower sails

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

Friday, December 26, 2008

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. A seminar organized by the Institute of Business Studies (IEEM) from the Montevideo University, provided interesting conclusions on the best way to get through this economic crisis.

More on this topic

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.

"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 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.

Opportunities arise from the crisis

August 2008

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

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:

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