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UK Insights

The future of Latin America

Public Opinion Economy 23.11.2012 / 00:00

Buenos Aires

Latin America exhibits continuing growth

With China worrying about sustaining growth and property bubbles, India faltering, Europe's economies stagnating, and the US showing only limited signs of a post-crash recovery, Latin America remains one of the few regions exhibiting continuing growth and healthy long-term prospects.

The Futures Company has put together a new report: 'The Coming Decade for Latin America, Belleza Del Sur.' Although there are dangers in talking about such a large and complex region in general terms, it is worth identifying a confluence of factors running in Latin America's favor at present.

These include:

  • A young population, giving a 'demographic dividend' in many countries
  • A 'political dividend' in the shape of center and centerleft governments, which in turn have an economic impact both by reducing the region's historically high levels of economic inequality and by increasing levels of social protection, which encourages lower savings rates and increased consumption
  • A 'technology dividend' from the take-up of mobile, which increases economic growth
  • A 'China dividend' in which demand from China has reduced the region's historical dependence on the United States. China is now Brazil's biggest economic partner.

This report contains consensus based forecasts for the main Latin American economies: Mexico, Argentina, Brazil and Colombia.

Download it below, or visit the Futures Company website.

Source : Kantar Futures


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