Jul 01, 2010 · With recovery fragile elsewhere, Latin America benefits from strong commodity demand and past economic measures.
Steady growth and sound economic policies improved the lives of millions in the region over the past decade. The poverty rate dropped from 42 percent in …
The Latin American Economic Outlook. The Latin American Economic Outlook is the OECD Development Centre’s annual analysis of economic developments in Latin America in partnership with the Economic Commission for Latin America and the Caribbean (), the Development Bank of Latin America and the Europen Commission.
Latin America is a group of countries and dependencies in the Western Hemisphere where Spanish, French and Portuguese are spoken; it is broader than the terms Ibero-America or Hispanic America.
Most notable is South America’s jump from a 0.8 percent economic expansion in 2017 to a forecast 2.0 percent growth in 2018. An 11.0 percent rise in Latin American exports coupled with the price hikes of commodities like oil and minerals explain a good part of the improved economic scenarios for Chile, Brazil, Peru, and Colombia, which are
Despite the economic downturn, Latin America is a market retailers have to pay attnetion to. It’s one of the top regions in the world for e-commerce growth, and those retailers that build out their e-commerce operations now will be in the best position to grab market share when the economy rebounds
Growth in Latin America and the Caribbean was an estimated 0.9 percent in 2017 after two years of contraction.
Economic Snapshot for Latin America. May 16, 2018. Recovery hits soft patch in first quarter; financial volatility returns to the region . Available data suggest that Latin America’s economy lost some steam at the start of 2018, as the region’s recovery continues to be bumpy.
The region needs to build a more diversified and sustainable economic base, focusing on consumers as the pivotal driver of growth both globally and at home.
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.