yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
Cloud Expo & Virtualization 2009 East
Smarter Business Solutions Through Dynamic Infrastructure
Smarter Insights: How the CIO Becomes a Hero Again
Windows Azure
Why VDI?
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun's Incubation Platform: Helping Startups Serve the Enterprise
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Brazil, the Least Globalized Economy in Latin America According to Results of the Latin Business Chronicle 8th Annual Latin Globalization Index
Venezuela and Colombia are also at the bottom of the list; Panama, Nicaragua, Honduras and Chile are the most connected to global trade flows

MIAMI, Nov. 20, 2012 /PRNewswire/ -- For the second consecutive year, Brazil continues to be the least globalized country in Latin America, according to the eighth annual Latin Globalization Index from Latin Business Chronicle.

The index of 18 countries looks at six factors that measure a country's link with the outside world:

  • Exports of goods and services as a percent of GDP.
  • Imports of goods and services as a percent of GDP.
  • Foreign direct investment as a percent of GDP.
  • Tourism receipts as a percent of GDP.
  • Remittances as a percent of GDP.
  • Internet penetration.

The index uses data from the most recent full year, which in this case is 2011.


Latin Globalization Index 2012 offers a fresh look at Latin reliance on international economics. Despite its size Brazil, the sixth largest economy in the world, has the lowest percent of foreign trade as a percent of GDP in the region.

Its exports of goods and services in 2011 were the equivalent of 11.9 percent of its GDP. Meanwhile, imports accounted for only 12.6 percent. Both figures are increased from 2010. This disconnect from world trade flow shows that Brazilian growth has been fueled by domestic consumption and investment. It also shows the gains in which increased foreign trade might bring to this South American country, were it to increase its international commercial activity.

All in all, Brazil's globalization score was 7.25 points, which reflects the still-high protectionist restrictions which are widely criticized by foreign investors. "Brazil's poor infrastructure and complex tax system are two of the main reasons for the closed economy", said Walter Molano, head of Economic Research at BCP Securities.

In the same group of relatively closed economies are Venezuela with a 7.82 score and Colombia with 8.17.

Colombia, like Brazil, based its 2011 growth on domestic consumption and investment. The country posted low import and export to GDP ratios, which were compensated to a degree by a larger proportion of FDI. Foreign investments were 4.04 of GDP, and were concentrated in mines and oil & gas. Tourism was also low in the country – 0.67 of GDP, the third lowest in the region.


As a whole, Latin America became more globalized in 2011. Two countries which improved their score the most were Nicaragua and Chile.

Nicaragua is second to Panama as most globalized country in Latin America. In 2011 it maintained a high volume of exports and imports as a percentage of GDP - 45.9 and 78.1 percent respectively. It also reported the largest FDI to GDP ratio in the region – 13.3 percent of GDP.

Chile climbed two positions to number four in this ranking thanks to its strong international trade position in exports and imports relative to the size of the economy, but also thanks to an important increase in FDI and internet penetration.


Mexico, the second-largest economy in the region ranks 12 in the LBC Latin Globalization Index. In 2011 it gained 0.74 points to score a final 10.40, just above Peru and Argentina with 9.51 and 9.21 respectively. Mexico has this intermediate position due primarily to lower levels of FDI, remittances and internet penetration than its peers when the size of the economy is taken into account.

Latin Business Chronicle is an online news and information service, the one-stop source for market intelligence on Latin America's business and technology.  Latin Business Chronicle, a division of the Latin Trade Group, offers key market intelligence beyond the daily headlines, through extensive rankings, indexes and statistics.

Latin Trade Group is a leading provider of information and business services to companies operating in Latin America.  It publishes award-winning content in Spanish and English for distribution throughout Latin America, the Caribbean and the United States through print, online media and events.  Latin Trade group publishes Latin Trade Magazine and Latin Business Chronicle, and is the organizer of the Latin Trade Symposium and BRAVO Business Awards, the LT CFO Series for financial executives of multinational corporations and Trade Americas.

/Contact: Santiago Gutierrez, executive editor, Latin Trade, 305-755-4713 or

SOURCE Latin Trade Group

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this...
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve relia...
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key them...
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance acros...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to p...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers