GREEK & LATINO?

NOT at all! The solution is simple

As the Latin American battlefield of Cold War contestants (US & erstwhile USSR) becomes icy, peace in terms of economic & human development still seems to elude the republic of Guatemala. The era of CIA sponsored coups and banana republics might have ended with the end of the 36 year old civil war (in 1996), yet the stranglehold of select few on key economic sectors remains firm as ever. The economy of $27 billion has agriculture making up for about one fourth of GDP and about two third of exports. However, the distribution of income remains highly unequal, what with traditional exports of sugar, banana, beef, coffee and rubber being dominated by just a select group of 20-50 families; and 2% of the population holding about 72% of the agriculture land.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

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