Global trends: Latin America seeks growth as leaders straggle

Quito, Jan. 27, 2016: Ecuadoran President Rafael Correa (R) greets his Brazilian counterpart Dilma Rousseff (2-R) as the region’s leaders arrive in Ecuador to participate in the 4th Community of Latin American and Caribbean States (CELAC) Summit (source: dpa)
Quito, Jan. 27, 2016: Ecuadoran President Rafael Correa (R) greets his Brazilian counterpart Dilma Rousseff (2-R) as the region’s leaders arrive in Ecuador to participate in the 4th Community of Latin American and Caribbean States (CELAC) Summit (source: dpa)

Latin America has reached an inflection point. Recent developments suggest that parts of the region will make significant economic strides over the next few years. However, its two biggest economies – Brazil and Mexico – are stuck in the doldrums, and their politics may be in even worse shape.

<i>This report is part of GIS’s “Global Trends” series, which aims to forecast big-picture scenarios that will shape the world this year and beyond.</i>

The sheer size of Brazil and Mexico is so great that their continued stagnation would exert a drag on the rest of Latin America, seriously undercutting growth and opportunities in the region’s economy and re...

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