The economies of many Latin American countries are growing significantly for the first time in several years. This change is due to several factors, including increased market prices of commodities exported from the region as well as the strengthening of trade alliances within Latin America. This latter development is a result of U.S. President Donald Trump’s signaling of a protectionist path. In response to anticipated policies from Trump’s administration, Latin American countries are working to boost their relationships with non-U.S. trade partners.
Whether this growth is sustainable is yet to be seen. The deep and persistent inequality in most countries in the region is a significant obstacle, and major elections (both presidential and legislative) in many Latin American countries in 2017 and early 2018 will impact economic stability and growth as well.
Read my full report on the Geopolitical Intelligence Services website.