Latin American Economic Perspectives

I. Recent economic trends in LA

II. The good, the bad, and the ugly

III. Main challenges ahead

IV. Existing and emerging opportunities

Growth Deceleration Post Commodity Boom

The economic slowdown after the 2008-09 crisis has been severe, with GDP growth falling behind EM pace once again. Terms of trade should be blamed for, but policies now have to accommodate to the new reality

Fiscal Deterioration As Well

Lower commodity prices have yet to trigger consistent government spending and more prudent fiscal positions. Lower level of public debt than in the past provides room for a gradual adjustment in most cases though

Inflation Seems Now Under Control

Despite recent fiscal deterioration, strong monetary institutions have solidified inflation control

Fuente: SBS

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