Learn what economic growth will be like for the Caribbean and Latin America

Mexico City

Despite the fact that the world economy has suffered a sharp weakness in recent years, economic growth for the Caribbean and Latin America it is getting stronger. While uncertainty remains as to how to resolve this through negotiations and policy, it is estimated at a general level that these regions will have a growth of 2% during this year 2019.

The hardening of the last decade in world financial conditions, added to the fall in the prices of different raw materials, have generated many trade tensions between China and the United States, that is why both countries are in search of new goals, as well as staying on good terms between they.

Recovery of the currency in the Caribbean and Latin America

Put in political terms, about half of the existing economies in the entire region had a reduction in the primary deficit, which is calculated as a percentage of GDP from the 2018. Even so, it has not been enough to clearly locate the public debt that is on a downward trajectory, where only Argentina is excluded.

After extensive elections that can be classified as highly anticipated within Latin America, uncertainty increased regarding the implementation of the new policies economic, especially because it includes some of the largest and most important economies in the entire Latin American and Caribbean region, which affect some of the prospects.

A clear example of this would be Mexico, having interrupted the construction project of an airport and the small setback suffered by some reforms that were had guidelines for the energy and education sectors, they were the ones that enhanced this insecurity with respect to economic and negotiation policies within the country.

On the other hand, in Brazil the Congress was fragmented, which could create obstacles for the execution of all the planned programs of structural reforms, fiscal consolidation or pension reforms that, if continued, foreign investments could be severely affected in the future.

Information source: altonivel.com