While the likelihood of major threats—such as the breakup of the eurozone—have been greatly reduced, Latin America stills faces tough challenges on the road ahead, including the tightening global financial conditions as Fed tapering proceeds, a potential slowdown of the Chinese economy, and the need to raise productivity and the mediocre growth potential in the region. I sat down to discuss some of the most pressing issues facing the region today.
Ernesto discusses the potential impact of both a steep and a gradual rise in U.S. interest rates on Latin America:
Ernesto explains why a financial crisis in Latin America is unlikely:
Ernesto explains how Mexico and Central America will experience the potential slowdown of the Chinese economy differently than South America:
Ernesto argues that improving the quality of education is key to raising the productivity and growth prospects of Latin America: