The future of Latin America? Still up in the air

Resumo

In the last decade, Latin American countries have carried out structural reforms, reduced poverty, and seen a steep rise in domestic consumption, but their economies are now slowing along with the rest of world. Solange Monteiro reports on the IBRE seminar on Latin America and the New World Economic Outlook in September. Much depends on how much the global economy grows, and opinions on that are severely divided. The U.S. seems to be making progress but recovery in the Eurozone is still minimal, and for Latin America the big question mark continues to be China. Experts agree that growth throughout Latin America will depend heavily on domestic adjustments. The story is supplemented by individual analyses of the prospects for Argentina, Brazil, Chile, Colombia, Mexico, and Central America.