Central and South America has come through the recent Asian and Russian crises with it's head held high. Disproving their critics, the countries of Latin America stood firm against the mounting external pressures. No longer a debt-ridden, hyperinflationary, politically volatile region, it has proved that the economic and political adjustments carried out in many of the countries over the 1990s have created a foundation solid enough to withstand external shocks and continue with the process of reform. This guide offers an appraisal of the entire region, stressing the contrasts in country performance and reform. It then examines each country in turn, with a uniform structure facilitating cross-referencing. The book is a vital tool for potential investors wishing to be part of the informed minority that has benefited from involvement in Latin America since the early 1990s.