Latin America Economics Update Latin America currencies battered by flight to safety Renewed fears about the future of the euro-zone have sparked a retreat from all risky assets in recent days, and Latin American currencies have been no exception. For now, the risks remain skewed to... 16th May 2012 · 1 min read
Latin America Economic Outlook Weaker global economy to expose local vulnerabilities Relative to the rest of the world, at least, the immediate outlook for Latin America remains good. Nonetheless, vulnerabilities are starting to emerge in a number of the region’s economies, which are... 14th May 2012 · 1 min read
Latin America Economics Focus Can Chile get rich off commodities? History indicates that it is very difficult for a country to get rich purely through the extraction of natural resources. In order to meet President Piñera’s target of becoming a developed nation... 9th May 2012 · 1 min read
Latin America Economics Update Counting the cost of Argentina’s trade barriers Protectionist trade controls in Argentina are already taking a toll on growth in neighbouring countries, with Paraguay and Uruguay hardest hit. In the longer-term, however, it may be Argentina that... 8th May 2012 · 1 min read
Latin America Economics Update Tweaking our interest rate forecasts We are making some small tweaks to our forecast for interest rates in Latin America. If the global economy weakens later this year, as we expect, it is still likely that most central banks in the... 30th April 2012 · 1 min read
Latin America Chart Pack Inflation has further to fall The decision by Brazil’s central bank earlier this month to cut interest rates once again has raised concerns in some quarters about the outlook for inflation over the rest of this year. As it happens... 25th April 2012 · 1 min read
Latin America Economics Update How is growth shaping up in Latin America? It was beginning to feel like somebody had turned the clock back twelve months. With the first quarter of 2012 bringing a renewed sense of calm to global markets and a rebound in activity across the... 19th April 2012 · 1 min read
Latin America Economics Update Chile, Peru signal near-term rate change unlikely Both Chile and Peru kept interest rates unchanged in April and signalled that moves in either direction are unlikely in the near-term. Further ahead, if we are right in expecting the global economic... 18th April 2012 · 1 min read
Latin America Economics Update Credit growth still uncomfortably strong The recent slowdown in Brazilian bank lending highlights the unsustainable nature of rapid credit growth in parts of Latin America. Credit risks are greatest in Argentina and Venezuela, while the... 16th April 2012 · 1 min read
Latin America Economics Update Chilean economy not yet out of the woods As the most open and commodity-dependent of the major Latin American economies, Chile benefited from an improvement in global conditions in Q1. The road ahead will not be a smooth one however and, if... 5th April 2012 · 1 min read
Latin America Chart Pack Markets pause for breath The rebound in financial markets across Latin America since the start of the year has lost some momentum in recent weeks. Having rallied by 10% or so in the first two months of this year, most of the... 29th March 2012 · 1 min read
Latin America Economics Update Jump in oil prices is a net benefit for Latin America Latin America is one of the few regions to have benefitted from the $25pb jump in oil prices over the past six months or so: higher prices provide a prop to regional growth and, for now at least, the... 28th March 2012 · 1 min read
Latin America Economics Update Brazil’s growth model under the spotlight News that Brazil last year overtook the UK to become the world’s sixth largest economy is further evidence, if any was needed, of the continued rebalancing of global economic power towards the... 20th March 2012 · 1 min read
Latin America Economics Update Is Chile’s economy already on the mend? Today’s release of Chilean Q4 GDP data confirms that the economic slowdown in late 2011 was not as marked as many had initially feared. What’s more, the most recent monthly indicators suggest a pick... 19th March 2012 · 1 min read
Latin America Economic Outlook Bumps in the road The immediate outlook for Latin America has brightened in recent months as fears of a renewed crisis in the developed world have eased. But even so, while the region is likely to outperform most... 15th March 2012 · 1 min read
Latin America Economics Update Capital inflows threaten to destabilise Latin America Large capital inflows to Latin America have resumed in recent months. If we are right in expecting the euro-zone crisis to worsen later this year, then risk appetite is likely to deteriorate and lead... 5th March 2012 · 1 min read
