Portada LETTER FROM THE EDITOR
1996 Comes to an End

Among the many various business circles, the general opinion is that 1996 was a difficult year, even thought the macro-economic indices do not reflect dramatic movements. The upcoming signing of peace offers new challenges and, while being an essentially political affair, will soon be felt throughout the country's economy. Gerencia magazine portrays two analyses that describe ideal scenarios for the growth of Guatemala.

Important initiatives that influence the infrastructure's development have recently arrived at Congress. One of them is the General Electricity Law. Carmen Urízar invites us to determine the pro's and con's of the brand new legislation.

In the Managerial Information Systems section, Jorge Jacobs suggests a low cost way to travel without losing contact with the office. And speaking of distance, learn about Taiwan's secrets for success and the business opportunities it offers to adventurous businessmen. See the article in the International section.

A whole year is needed for a poinsettia to reach the Christmas season full of life and color. The business is not simple, but it can become a Success Story.

Another year of work comes to an end. We thank our readers and our sponsors for their support, and we put our trust in Guatemala, so that it will find its way to prosperity.


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December, 1996