Corruption in Latin America requires caution but not panic

Low-level bribery is still common across Latin America, but with a few simple precautions businesses operating there can avoid the main risks associated with it, says Michael Hatchwell of Davenport Lyons

In recent years western companies have looked east for growth. The economic growth seen in China and India in particular has seen businesses tripping over themselves to set up operations in these rich markets with their fast-growing consumer classes. While this has been going on, however, many emerging countries in Latin America have also been enjoying impressive growth and it is now clear that