Brazil’s economy is emerging from a difficult few years—but when analysing its prospects, a positive, long-term view is warranted, based on the country’s important position in world trade. With a little help from its friends and its own internal enterprise, this major South American economy, the world’s ninth largest by nominal GDP, has every reason to expect a triumphant comeback.
Chile has been one of South America’s mainstays, lauded as possibly the continent’s wealthiest and most stable country. But the Chilean economy, the health of which is heavily dependent on copper exports, has suffered greatly since the decline of the commodity super-cycle in 2014-15, and credit-rating agencies are showing no mercy—making life even more difficult for the country’s incumbent government.
In the midst of the political and economic turmoil that has plagued Brazil in recent times, there is one financial sector that appears to have particularly strong credentials for buoyant growth over the coming years.
Brazil started the decade off as Latin America’s emerging-market darling but has been trapped in a dark economic and political tunnel since early 2014; is the country finally beginning to see the light at the end? One indicator, the Bovespa stock-market index, replies with a resounding yes.
In a year marked by political change across the globe, the closing weeks of 2016 delivered yet another moment of significant upheaval. Following weeks of public protest, South Korea’s parliament voted to impeach President Park Geun-hye on December 9, while the first public hearing to kick off the trial was scheduled for January 3, 2017.
Chile, one of Latin America’s most resilient economies, has not been shielded from recent global headwinds, such as low commodity prices and slow growth of key trading partners. Even so, the country is well equipped to exploit the opportunities of economic diversification, banking partnership and international trade.
Brazil’s demise has been remarkable. Nearly every major macroeconomic indicator is at historically undesirable levels at present, from unemployment to inflation, and from GDP (gross domestic product) growth to public debt.
2016 is the year that the Olympic Games come to Rio de Janeiro, Brazil. The world will descend on a country going through its worst economic crisis since at least the 1930s.
Chile is clearly one of Latin America’s success stories, with a strong, robust and open economy. Although high world copper prices did contribute to the swelling of its state coffers, avoidance of Dutch disease and the economy’s move towards a greatly
The “Mexican moment” sizzled and fizzed in 2013, then quickly fizzled out. The effervescence obscured a more fundamental truth: thanks to the 2013 structural reforms, Mexico is at an inflection point, just as it was when NAFTA took effect in 1994.