March 4, 2021 Venezuela Economics and Business Business Venezuela’s economic policy is based entirely on oil production that pays for the state’s social programs and the country’s growing imports. Price controls…
March 4, 2021 Uruguay Economics and Business Uruguay’s economy has traditionally been based on agriculture with meat and wool as the main products. The most important export items are beef and…
March 4, 2021 Suriname Economics and Business Business Business is dominated by the aluminum industry, which is based on the country’s rich bauxite deposits, as well as agriculture. Suriname also has…
March 4, 2021 Peru Economics and Business Throughout the 1980s, Peru was hit by a severe economic crisis. Falling prices on the world market for the country’s export goods, reduced fish…
March 4, 2021 Paraguay Economics and Business Business Paraguay has a large unofficial economy, which makes it impossible to provide reliable figures for economic activity. Corruption and liberal customs laws have…
March 4, 2021 Guyana Economics and Business Guyana is a developing country where the economy is heavily dependent on exports of bauxite, gold and agricultural products such as sugar and rice….
March 4, 2021 Ecuador Economics and Business Despite rich resources, Ecuador is not an economically rich country. In 2017, GDP per capita was estimated at USD 5848 (World Bank). The 2019…
March 4, 2021 Colombia Economics and Business Business Colombia had a strong economy early thanks to its rich natural resources. Until the end of the 1900s, exports were dominated by agricultural…
March 4, 2021 Chile Economics and Business Like Norway, the foundations of Chile’s economy are the primary industries, especially mining and forestry. Copper is an equally important part of the economy…
March 4, 2021 Brazil Economics and Business Business Until 1990, Brazil’s economy was characterized by a strong state-stimulated development, and the country was sometimes called the world’s largest capitalist planning economy….
March 4, 2021 Bolivia Economics and Business Business According to COUNTRYAAH, Bolivia has large assets on natural gas, minerals and oil. In 2006, the gas industry was nationalized and since then…
March 4, 2021 Argentina Economics and Business Argentina is one of the most prosperous countries in South America, but the economy has declined since 2016, partly due to foreign debt and…
March 4, 2021 South America Economics and Business Business South America accounts for about 8 percent of the world’s total GDP. Income is extremely unevenly distributed, and poverty is widespread among people…
