LatAm Looks Weak Versus Asia, Says S&P

LatAm Looks Weak Versus Asia, Says S&P


LatAm is falling well behind Asia in using trade and foreign investment to modernize its economy and reduce external vulnerability, says S&P. "Latin American countries have had limited success in being able to insert themselves into global production chains to boost the technology and efficiency of local firms and spread such benefits into other sectors of the economy that do not engage directly in trade," says S&P analyst Joydeep Mukherji. "Hence, they have been less successful in raising the t

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