JENÍČEK V.
Abstract
Most Latin America economies were impacted by political instability, indebtness, hyper-infl ation, enormous social problems
etc. at the beginning of the 90s. At the margin between the 80s and 90s and in the fi rst half of the 90s, many countries
reached political stability necessary for the successful development of the region. Some of the long-term military confl icts
were ended. The positive political development created positive prerequisites for the market-oriented economic reforms,
economic growth vitalisation and the “renaissance” of the regional economic integration in Latin America.
Key words:
Latin America, situation of economy, external indebtness, foreign investment, foreign trade