June 27, 2015.
For much of this century Latin America saw robust economic growth, a big fall in poverty and a swelling of the middle classes. Now the good times are over. The IMF expects growth of just 0.9% in 2015, which would be the fifth successive year of deceleration in the region. The Economist suggest that Latin America should find a new formula for growth after the commodity boom triggered by the industrialization of China. For more information see two posts:
– “Latin America. The loss of El Dorado” Read More
– “Latin America’s economies. The lessons of stagnation” Read More