Investing in a foreign economy was once seen by light-hearted investors as a frightening endeavor plagued by risk and uncertainty. Regrettably, for fear of not taking a stab in the dark, the aforementioned investors missed out on major investment opportunities in China. The sudden explosion of China's economy flicked on the light for anybody left in the dark. Many experts agree that investing in Asia can yield a great return, however the economic growth might be a bubble, and there's no telling when it could collapse. It is also no secret that every country has a different history and culture than our own, and corruption is not uncommon in government officials. With this being said it is assumed that a certain level of political unrest fogs many of the less stable countries. One such country is Sri Lanka, located in the Indian Ocean not far off the Southern tip of India. Sri Lanka has shown incredible growth, especially considering it was in the wrecking path of the Asian tsunami of 2004. The wave washed away hundreds of thousands of lives, billions of dollars in property, and a tsunami of tears. As the streets dried, like a flower after the first rain of spring, Sri Lanka began to flourish. People began to work together to rebuild their torn nation. The Liberation Tigers of Tamil Eelam (LTTE), a militant separatist group worked out a cease-fire agreement, putting a twenty-one year civil war on hold. Architects began to design new, improved structures to replace what was lost in the flood. Although no amount of work could bring back the lives lost, like a rose that grows from concrete, Sri Lanka has shown its determination to outgrow the tight spot it found itself planted.
Unarguably Asia is not the only feasible continent to invest in. While Asia may be in a boom, there is an established and consistent supermarket in our own back yard, or two doors down to be more precise. Latin America has just about anything you could possibly want to... [continues]
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(2007, 11). Sri Lanka and Belize Investment Report. StudyMode.com. Retrieved 11, 2007, from http://www.studymode.com/essays/Sri-Lanka-Belize-Investment-Report-125454.html
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