Feb. 12 (UPI) -- In earlier installments of this series on international project finance in Latin America, we examined how sovereign risk and currency volatility influence the cost of capital for long-term investments. This article turns to inflation, an equally decisive variable that operates quietly but relentlessly. Unlike policy shocks or market swings, inflation functions as an invisible tax. It erodes the real value of money over time, raises financing costs, distorts investment decisions,

Tag-uri: Inflatie