Enthusiasm for business entry into Latin America may overshadow the need to properly understand and evaluate potential challenges and risks of doing business in the region.
Latin American countries are currently battling serious problems including poor infrastructure, high levels of crime, wealth disparity and corruption, which has become a primary concern and is under public scrutiny like never before.
Businesses that raise awareness of regional and country specific business threats will strengthen their competitive advantage where corruption, is a constant and evolving challenge.
We provide an overview of Latin American countries’ current efforts to fight corruption through the establishment of their own anti-corruption laws and regulations, and we examine main risks companies face when doing business in Latin America.