Geographic & Political Landscape Of Latin America
The Latin American economic outlook is clouded by uncertainty regarding the external environment, primarily the US economy, as well as internal factors:
- Brazil: Positive start to Lula’s presidency
- Argentina: Recovery underway, Nestor Kirchner new president
- Chile: Start of free-trade agreement with U.S., Europe and some Asian countries this year
- Mexico: Public debt decrease, positive commercial balance with US