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Prospects for Latin American economies in 2019
Latin America’s diverse economies are facing a series of common problems in 2019. After a years-long commodities boom, countries that failed to prepare for the current downturn in prices now deal with a loss of revenues and foreign investment. Corruption and quality of life issues have presented other challenges, and the benefits of a recent trade deal with the EU are neither immediate nor assured. Economic prospects across the region range from cautiously hopeful to pessimistic.