LatAm Business Environment: Mexico And Colombia Best Placed To Attract Investment
Business Monitor International (BMI) has just published its latest business environment analysis for Latin America and the Caribbean, in which we closely examine the latest batch of the World Bank’s Doing Business rankings for the region and compare this to our own assumptions (integrating our proprietary Business Environment ratings). Our findings show that Mexico and Colombia stand out from the rest of the region on account of their highly robust business environments and the relatively lower costs associated with doing business.
Our key findings can be summarised as below:
- Business environment credentials will increasingly mean the difference between steady economic expansion and stagnation over the coming years.
- Central America has seen some of the biggest improvements recently, with Costa Rica enjoying the single-largest upgrade in the World Bank rating regionally, confirming our own positive view of the country.
- Mexico and Colombia stand out as among the best-positioned markets in Latin America to attract investment and see businesses establish operations over the next several years.
- Major potential and enormous opportunity remain in Latin America and the Caribbean, with several categories of the overall ‘ease of doing business’ ranking showing a clear outperformance for countries such as Chile, Colombia, Mexico and Peru over highly-coveted BRIC economies, which have driven the EM investment boom for much of the last decade.
Further analysis of Latin American and Caribbean economies is available to subscribers at Business Monitor Online.