Ecuador Economy Grew 8.6% in first Trimester of 2011

During a meeting in the Mercosur, the executive secretary of the Cepal, Alicia Barcena highlighted the behavior of the Ecuador economy so far this year, increasing by 8.6%.

This doesn’t surprise me personally, Ecuador is a country on the move, most who have been here a few years can see big differences in development in certain areas.

The current government has been great building new roads and bridges which has stimulated national tourism.

Earlier this year when I was in China, I can tell you, many business in China are well aware of this growth rate and honing in on Latin America licking their chops… they know to grow their companies they have to “penetrate” emerging markets like that of Ecuador and South America.

Over the next 5-10 years the real action (and money to be made) will be in the emerging markets (Latin America, Africa, and Southeast Asia)… you don’t have to be the best, if you’re the first.

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