Corruption in Latin America requires caution but not panic

Low-level bribery happens, but avoiding the risk is practical, lawyers say


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 these markets will play an important role in the growth of western businesses over the next few years.

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