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World Bank's Bad Business in Guatemala

March 31, 2014

According to the World Bank, Guatemala is one of the countries most open to foreign direct investment (FDI). It is among the top ten global reformers, and the only country in Latin America to appear on the Doing Business 2014’s top reformers list. In the past four years, the government has made significant reforms to attract FDI. In the agricultural sector, increased FDI—due in part to the adoption of the Central American Free Trade Agreement (CAFTA-DR)—has led to land grabs by large sugarcane and palm oil producers, resulting in the massive and violent displacement of thousands of people.