LATIN AMERICA: Economic prospects depend on reforms

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In this article

  • External factors
  • Evolution of macroeconomic imbalances in the global economy
  • Progress in the WTO Doha Round
  • New developments in the 'war on terror'
  • Internal factors
  • Economic and political inequality
  • Lack of competitiveness and insufficient linkages
  • Extreme scenarios
  • Dream scenario
  • Tax reforms that help expand revenues as a percentage of GDP
  • Increased and more effective social spending
  • Further export expansion and strengthening of linkages
  • Nightmare scenario

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.