Economic Power In Latin America Shifting From Brazil To Mexico

IAN SHEPHERDSON, FORBES,10/9/2015 

Over the last year three key factors have weighed heavily on Latin American economies: The end of the U.S. Fed’s quantitative easing, which has brought about less favorable international funding conditions; the decline in commodity prices, which has depressed LatAm export revenues, and the Chinese economic slowdown, which also has hit commodity-exporting countries in the region. As a result, economic growth this year has been a huge disappointment. In January, the consensus forecast was for GDP growth of about 3%, but now expectations have fallen dramatically to a 0.4% contraction.

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