If you discount for the failed state of Venezuela, the worst of the large countries south of the Rio Grande is…Brasil! In terms of economic growth rates, no country in Latin America is growing slower than these guys in 2017, 2018 and 2019, according to a World Bank assessment released June 4. Only tiny, or total basket case economies do worse over the next three years. In real GDP terms, Mexico (EWW) and the tiny Central American states are projected to grow 2.1% in 2017, then 2.4% in 2018 and 2.7% in 2019. Mexico is the growth driver. Even with Trump’s border wall and anti-NAFTA rhetoric, Mexico is expected to grow at 1.8%, 2.2% and 2.5%. Brazil’s rival, Argentina, will grow at 2.7%, then 3.2% ...
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