“Drilling South: Petrobras Evaluates Pecom”

Tiene que ver con valuación. Firm value es el valor presente a precios del mercado.

According to this approach, in order to get IMF loans, any assisted country should go through reforms focused on the three major pillars of fiscal austerity, privatization and liberalization (Stiglitz, 2002, p. 53). During all the 90s, Argentina's economic policies were under the strict control of a supporting program established by IMF (IEO of IMF, 2003), so during the deep crisis happened between 1998 and 2002, IMF was already in charge with its approach. Throughout all this period, Argentina strictly applied the IMF formula and realized a number of structural reforms, "reducing budget and balance of payment deficits, raising interest rates, reducing inflation, privatizing state assets, and reducing trade barriers and regulation on capital flows in and out of the country" (Paddock, 2002, p. 158). This program did not produce the results expected by IMF. Instead, it produced recession and a strong dependence of Argentina's government on IMF loans to support its growing debt (Paddock, 2002). Primary economic and social indicators clearly show the sufferings of Argentina during that period: between 1998 and 2002, GDP passed from 292 billion dollars to 97 billion dollars (The World Bank, 2017), while unemployment grew from to 12.8% to 19.6% (The World Bank, 2017). Argentina stepped out of the crisis only after defaulting and devaluating, i.e. after

Since 1992 the El Salvadorian economy has been trying to recover from a bitter war that left many wounds open. Between 1991 and 2002 poverty levels in the country declined significantly and many social advances were seen as school enrolment and access to health and water services increased. Therefore someone can assume that since the traumatic civil

The Latin American countries have been subject to many changes ever since the American continent was discovered. These changes have mainly affected the economy, culture and power changes these countries have suffered throughout the years. According to Jon Charles Chasteen on his book “Born in Blood & Fire” During the twentieth century, there were three main events that changed the course of Latin American countries and their economies. These three events were, the emergence of nationalism, the end of World War II, and the Cuban revolution. However, in my point of view, the event that created more impact in Latin America and the future of these countries has been Cuban Revolution. It is not a secret that the Cuban Revolution created a big impact to the country’s future, unfortunately this revolution not only changed Cuba, but also the entire region of Latin America.

* Valuar activos intangibles como son las patentes, proyectos y la gente que dirige a la compañía.

Venezuela’s reputation has been well established regarding its supply of oil and how it was being used for medicinal use and other purposes. It was not until the first oil well was drilled in 1912, when Venezuela became the world’s second largest oil producer behind the US, and the world’s largest oil exporter (Wilpert, 2003). With the well drill in the country it attracted many major oil producers that wanted a piece of anything they could get. The Royal Dutch Shell and Rockefeller’s Standard Oil became the main producers of the oil and maintained a high status. Everything was going great for the company, “ between 1920 and 1935 oil share’s exports went up from 1.9% to 91.2%”(Wilpert, 2003), but not everything goes according to plan. The country had a dramatic impact towards its economy that many recall, “The Dutch Disease.” “The utmost important magnitude of the Dutch Disease was that agricultural production declined to almost nothing and the country fell behind in industrializing, relative to other Latin American countries” (Wilpert, 2003). Thus, Venezuela had passed a reform oil policy that was the Hydrocarbons Act, which was from the oil revenues based on the income of the mines (Wilpert, 2003), bringing the state’s income to stability.

The research paper reviews the situation of the two Brazilian companies Gaucho, S.A (“Gaucho”) and Vaqueiro, S.A. (“Vaqueiro”.) The paper addresses three questions:

João Nogueira Batista, Chief Financial Officer of the Brazilian firm Petrobras, reflected on Gros’s words as he prepared for a Board of Directors meeting in July 2002. The main item on the Board’s agenda was the proposed acquisition of an Argentinean firm, the Perez Companc Group, or Pecom.2 The acquisition would significantly increase Petrobras’s oil and gas production and add to its oil reserves. It would also provide the mainly Brazilian-based

The oil-rich Bolivarian Republic of Venezuela, located on the northern coast of South America, was for many decades considered among the wealthiest nations in the entire continent. While having the largest proven oil reserves in the world has often proved a tremendous boon for Venezuela, the very black gold that has been the cause of its success has also proven to repeatedly be its kryptonite. Over half of the nation’s Gross Domestic Product stems from petroleum exports – which equates to approximately 95% of total exports. It is really not too hard to imagine what drastic consequences shifts in global oil prices could have on the economy.

|The purpose of this essay is to analyze these three main causes of poverty in Mexico. |

Another important cause to Chiquita’s actions in this country is the employees. The company felt, as it was their duty to protect their employees. If it did not pay the AUC, the AUC would have attacked or even kill its employees, that work and lived in that region of Colombia. Chiquita thought if they didn’t protect their employees that the nation and other countries have heard these stories and begin to question them, on the value they have for their employees.

In this mini-case we will look into 4 key aspects such as Mexico’s key economic indicators, the causes of the country’s balance of payment problems, policies in

Siendo el objeto de esta ley: “establecer, en la difusión y recepción de mensajes, la responsabilidad social de los prestadores de los servicios de radio y televisión, proveedores de medios electrónicos, los anunciantes, los productores nacionales independientes y las usuarias y usuarios, para fomentar el equilibrio democrático entre sus deberes, derechos e intereses a los fines de promover la justicia social y de contribuir con la formación de la ciudadanía, la democracia, la paz, los derechos humanos, la cultura,

El consumidor necesita que se le resuelva un problema. La publicidad se hace para persuadir, o generar Acción (de la estructura AIDA)

3. Cuál es su opinión con respecto al equipo gestor compuesto por Aravind, Kartik, y los investigadores asociados, y el involucramiento de estos en el negocio?