August 1, 2006
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
Our first sustainability ranking for major Latin American countries threw up some interesting and counter-intuitive results.