| Abstract: | New trade and exchange strategies, economic integration, political reforms, and privatization are driving Latin American firms to expand operations both within and outside the area. Additionally, multinational firms have stepped up operations, entered sectors previously dominated by state-owned enterprises, and restructured their management. Vast projects are upgrading transport, seaports, and airports. Communications and emerging patterns in consumer life styles are redefining markets. Sweeping change, plus the challenge of becoming internationally competitive, has burgeoned management training needs for both the business and public sectors. Yet in some countries the prospects for continued reform could be reversed by hardening social tensions and voter skepticism that free market policies will effectively reduce poverty and persistent unemployment. |
