The fact that Latin America is spending its windfall from higher commodity prices is good news for the global economy, but carries significant risks for the region itself. In the near term the big risk is that the current boom in consumer spending proves unsustainable if commodity prices drop back.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services