Changing for the Better

Changing for the Better

Thanks to strong commodity prices, a slosh of global liquidity and variable improvements in economic management, Latin American economies have been growing at a fair clip in recent years. But given the fickleness of investment flows and notwithstanding the risk of major external shocks – whether from a drop in demand for raw materials or a rapid tightening of interest rates – we're wondering just how sustainable these economic successes will be. Our study and ranking of progress in Latin America's eight-largest economies shows that, to varying degrees, all need to improve their fundamental policies, processes, institutions and attitudes to underpin longer-term economic growth and s

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