JULY/ ISSUE AUGUST 2014 NO. 238 The Shareholder Reformation Activist investors nail their demands for corporate change SPECIAL: PARAGUAY LAYS OUT ITS REFORM AGENDA LATIN AMERICA'S BOND MARKET REBOUND * TRINIDAD & TOBAGO'S DIVERSIFICATION DRIVE BEST CORPORATES IN THE CAPITAL MARKETS 2014 EXCLUSIVE: COSTA RICA'S NEW PRESIDENT ON AVOIDING A DOWNGRADE