MGT 335 International Business: Doing Business in Latin America

In the globalization era investors around the world are looking for new markets to invest. Latin America appears as an attractive region for business. According to Goldman Sachs' Bric review of emerging economies, by 2050 the largest economies in the world will be as follows: China, United States, India, Brazil, and Mexico. In addition in 2010 Latin America integrated five nations classified as high-income countries: Argentina, Chile, Uruguay, Mexico and Panama.
Today countries in Latin America such as Brazil show stability and growth allowing it to become an increasingly influential player in world affairs. Others like Chile are considered for many foreign investors as a gateway for Asia to enter the South American region because is close and it is political-economic secure. Also the region attach a close business relationship with USA because its proximity.
All these facts make it essential that business people learn about doing business in Latin America. This course will focus in Latin America. Students will learn about socio-cultural issues, economic and political-legal environment, together with strategic considerations when doing business in Latin American countries. Learning approach will be base in cases of study as well as lectures.