Adverse court decisions against companies, social and political conflicts and fiscal issues are some of the factors that are impeding the development of productive projects in Central American countries.
One of the latest court decisions affecting companies with investments in the region was that of Minera Petaquilla, in Panama.
Central America's fall into the hands of drug traffickers makes the following quote seem true: "Insanity is doing the same thing over and over again and expecting different results."
The unprecedented increase in violence in Costa Rica, once an oasis of peace in the region, is another sign of the failure of the traditional methods of fighting drugs.
EDITORIAL
More powerful than the Central American states, drug trafficking is on the rise not only in terms of an increased supply of drugs in the countries in the region, but through its permeation of institutions using the power of money and generating a growing culture of violence that is making Central America´s lack of a death penalty seem risible. Yes it does exist, but the worst part about it is that it is not institutionalized justice systems that implement it, but the mob bosses, pointing out -to ever younger executioners- the people who should be executed.
The ability of the executive and legislative powers to effectively lead their country's economy is seriously diminished by the excessive actions of the judicial branch, especially the Constitutional Courts.
EDITORIAL
It is happening in Central America but it is a growing problem throughout Latin America.
An IADB study has revealed that people exposed to information about corruption are more likely to commit it themselves.
EDITORIAL
An article in Crhoy.com analyzes the report "Corruption as a Self-Fulfilling Prophecy: Evidence from a Survey Experiment in Costa Rica", produced by researchers at the Inter-American Development Bank, which concludes that "... The willingness of an individual to engage in corrupt behavior is indeed affected by their perceived level of corruption in society." The report's results can be extrapolated to the entire region, since other Central American countries exhibit levels of perceived corruption which are higher than in Costa Rica.
Nicaragua's government is trying to calm fears among businesses after the release of a report covering the pending property claims of U.S. citizens, without which bilateral and multilateral U.S aid may be jeopardized.
From June 2011 to date, the government has been attending to about 64 claims by U.S.
Key figures for each country: Budget, Expense per capita, Case resolution rate, Transparency, Number of judges and courtrooms and Perception of independence.
A society’s development is heavily based on its ability to peacefully, rapidly and impartially resolve conflicts through its judiciary system. This is why modern societies work hard to have strong and efficient systems, way beyond the rhetoric and formal division of powers.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
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