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Economy news in Latin America
An overview of news, trends and research in the category Economy in Latin America:
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Study: Audiovisual industry contributes $138 billion to Mexico’s economy
Mexico’s audiovisual industry makes a direct economic impact of $7.3 billion (MXN$138.7 billion) on the country’s domestic GDP, and sustains over 77,000 jobs. This is according to an in-depth analysis of the Mexican economy conducted by Oxford Economics.
25 February 2024
Latin America’s changing export sector (and shift away from the US)
There is an ongoing transition in Latin America’s markets – international trade is going multipolar, with China taking over major stakes and pushing out the United States.
06 August 2023
Chile and Guatemala most entrepreneurial Latin American countries
Chile has been named the globe’s most entrepreneurial nation, according to a new benchmark, ahead of major economies such as India and the United States.
23 December 2019
Brazil, Bolivia and Peru among most complex economies globally
The economies of Brazil, Bolivia and Peru are according to a new study among the most complex places in the world to conduct business.
01 July 2019
Digitization could add $240 billion to Mexico’s GDP by 2025
A new analysis by McKinsey & Company ranks Mexico 55th in digital maturity out of 151 countries.
22 January 2019
Brazil’s business leaders look towards the future
Jair Bolsonaro’s Brazil will undoubtably be one of many contrasts.
29 November 2018
Mexican CEO’s have not-so-positive outlook after year of uncertainty
At the beginning of 2018, the year to come looked rocky.
27 November 2018
Growth of billionaires in Latin American stagnates
Despite the fact that globally the amount of wealth amassed by the world’s richest people – billionaires – grew at record rates, Latin America only produced one new billionaire last year.
13 November 2018
Corruption the biggest barrier for businesses in México
Over half of all Mexican respondents to the global survey on fraud and forensic data by the professional service firm Ernst & Young believe that corruption is the greatest threat to doing business in
08 November 2018
Hell bent on reform, but at what cost? Bolsonaro’s forked path to economic growth
Economic liberal or conservative nationalist? Brazil’s president elect Jair Bolsonaro has two distinct routes and each have a different economic outcome, according to local management consultancy Mac
07 November 2018
Sven Smit of McKinsey & Company on Argentina’s potential
The financial crisis which has sent shock waves through Argentina in the past year is due to a national ‘reset’ and subsequent transition period between two economic systems, according to McKinsey &
11 October 2018
Argentina crisis affects tourism across Latin America
The economic crisis in Argentina has put an undue strain on its neighbouring countries – whilst not in the same manner as Venezuela, where the population continues to evacuate in droves, but perhaps
02 October 2018
Argentina expects to return to budget surplus in two years
After months of economic uncertainty, this week the Argentinian President, Mauricio Macri will announce the new direction of his government’s fiscal policy.
19 September 2018
Mexican and Brazilian cities fair well in latest global financial center ranking
Mexico City, São Paulo and Rio de Janiero have all moved up the rankings in the 24th Global Financial Centres Index, a financial markets competitiveness report released by British research consultanc
17 September 2018
McKinsey on the dynamics of Latin American debt
As the good public perception in Argentina swings away from supposed economic saviour Mauricio Macri for engaging with a $50 billion IMF loan, McKinsey & Company has published a global debt ranking.
12 September 2018
NAFTA agreement to boost investment in Mexico by 25% in some sectors
If the United States, Canada and Mexico come to an agreement in the coming days, weeks or months over the revised North American Free Trade Deal, Mexico stands to benefit significantly from increased
11 September 2018
Increasing connectivity looms as a threat to consumer trust in Latin America
In a consumer trust survey covering six key sectors and conducted by Llorente y Cuenca in nine Latin American markets, the food & drinks sector has come out on top ahead of pharmaceuticals and retail
11 September 2018
Chile regarded as the best country for doing business in Latin America
Chile is ranked as the best country for doing business in Latin America according to a global assessment by business media agency Forbes, with the country’s political stability a major attraction.
10 September 2018
Brazil’s talent shortage time bomb sparking migration
According to a recent article by The Boston Consulting Group, the vast majority of Brazilians do not see Brazil as the best place to develop their careers.
05 September 2018
The vision of Peru: a bicentennial reflection
As Peru heads towards its bicentennial celebrations of nationhood in 2021, the country is gearing up to define its future.
04 September 2018
Inside the Venezuelan crisis: a day in the life of a PwC professional
With the crisis raging on in Venezuela, the press has focused on those forced into exile, violent protests, or this year’s election results.
03 September 2018
Venezuelan diaspora reaches 5.5 million or 17% of pre-crisis population
Venezuela is in the midst of a mass exodus which has seen almost a fifth of the entire population emigrate.
29 August 2018
The Caribbean is globe’s second largest tax haven, harboring $97 billion annually
Despite the growing global outrage in response to the Panama Papers, the use of corporate tax havens seems to be as prolific as ever.
22 August 2018
Jamaica is the best country to start business in Caribbean and Latin America
The Jamaican economy has been ranked fifth overall in a global study of the regulations and requirements necessary to start a business.
21 August 2018
Latin American CEOs more optimistic than global average about future growth
With confidence in the local markets after a year of electoral uncertainty, 96% of Latin American CEOs expect their company will grow in the next three years.
13 August 2018
Uruguay is most prosperous Latin American country
Uruguay has been named Latin America and the Caribbean’s most prosperous country in 2018.
06 August 2018
Modern trade in Latin America stagnates for consumer product companies
For the better half of a decade, modern trade penetration in Latin America has been situated between 48-50%, shattering expectations of increasing consumerisation of the region.
25 July 2018
Colombian companies must apply basic labor standards to reach OECD standards
Colombia was invited to join the Organisation for Economic Cooperation and Development in earlier this year, in May.
23 July 2018
McKinsey’s IoT strategy plan could boost Brazilian economy by $200 billion
A plan by management consultancy McKinsey & Company in conjunction with a local innovative IoT solutions firm has been adopted by the Brazilian Government.
25 June 2018
China deepens ties with Latin America though football
As eight Latin American teams push ahead in the 2018 World Cup in Russia, the Sino-Latin consultancy Novam Portam was looking towards the future; at a country which did not qualify.
18 June 2018
Duque to win Colombia’s presidency predicts political risk consultancy Eurasia Group
Iván Duque is well on the way to becoming the next president of the Republic of Colombia.
12 June 2018
Brazil and Mexico are the FinTech champions of Latin America
Financial institutions, multinationals and investors worldwide are racing to understand how FinTech can benefit their businesses.
07 June 2018
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