Slowdowns of Regional Powers Aggravate Economic Stagnation in Latin America

Brazil, Mexico, and Argentina's poor performance reduce regional growth, which should be slightly above zero percent this year.

RIO DE JANEIRO, BRAZIL - The three major Latin American business engines, responsible for almost two-thirds of the region's GDP (Gross Domestic Product), are at a standstill.

Far from Jair Bolsonaro's triumphalist rhetoric during his campaign, Brazil will barely keep its head above water and grow 0.8 percent in 2020; Mexico will recover a timid 0.2 percent and continue its reckless flirtation with recession; and Subscribe to our Premium Membership Plan. Already Subscribed?