Join the world: Latin American business must, in its own way, play the global game.(Survey of Business in Latin America)

From: The Economist (US) | Date: December 6, 1997 | Copyright information

Latin American businesses are making major strides, though there are questions as to whether they can compete globally. Idiosyncratic business practices involving shareholder rights and other things have worked well in domestic markets but may not help in international competition.

SOMETHING revolutionary happened in Chile in October. Jose Yuraszeck, chief executive of Enersis, Latin America's largest private-sector electricity firm, was forced to resign after a revolt by shareholde...

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