Latin America’s Economies in the Decade Ahead: Three Key Opportunities
Latin America’s Economies in the Decade Ahead: Three Key Opportunities
The region’s governments need to “fix their roofs while the sun is shining.”
Latin America's macroeconomic challenges seem unlikely to be addressed soon. The region suffers from inadequate investment spending and fiscal accounts, with governments spending beyond their means and fiscal deficits averaging north of 4% of GDP in 2019. It is also unlikely to have seen the end of a recent spike in social unrest, not least because the protests seem to be working, with governments giving in to demands. However, looking into 2020 and beyond, we see opportunities that could help Latin America boost its economic prospects.
Although we see an improved economic growth...
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