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Browse Archive Economic Outlook Latin America Forecast - January 2002
Browse Archive Economic Outlook Latin America Forecast - January 2002 | Latin America Forecast - January 2002 |
Don't hold your breath waiting for an economic recovery in Latin America this year. After posting a miserable 0.1% real growth rate in 2001, the region will inch forward by less than 1% in 2002. For the second year in a row, Latin America will be the slowest growing region in the world. And the potential political fallout from slow growth and declining wages is troubling, with disgruntled working Latinos increasingly rejecting neo-liberal policies (see Neoliberalism on Trial - Latin America's move to the left). |
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