ACCOUNTING SYSTEMS STRENGTHENING IN CARIBBEAN AND LATIN AMERICA – BUT MORE WORK NEEDED
July 2nd, 2014
IN the 1970s and 1980s, the governments of Latin America and the Caribbean did not have a comprehensively robust reputation for sound financial management. Many Caribbean island states had newly emerged from colonialism, finding their way as independent countries. And many Latin American countries were riven by social discord, even civil war, with many under military rule.Fast forward to 2014, it is perhaps heartening that not only is democracy the norm, but many governments have taken tough decisions required to make their states efficient and financially ...
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