Latin American economy has entered cooling phase, says Brazilian think-tank

Thursday, November 17th 2011 - 20:01 UTC

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The Latin American economy has entered a declining phase and will further slow down in coming months according to a report from the Brazilian think-tank Getulio Vargas Foundation, FGV. Read full article

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GeoffWard2
“The main problems for Latin American countries are:
1. the lack of competitiveness,
2. insufficient qualified labour,
3. scarce confidence in government policies,
4. the rise of inflation and unemployment.”

Locally/regionally there are a host of other reasons - such as lack of a high grade education system in Brasil, etc.
and relying on foreign companies to do the nation's producing.
Nov 18th, 2011 - 08:19 pm - Link - Report abuse 0
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