Sebastian Briozzo
Sebastian Briozzo
diminishes downside economies expected external fiscal lower performance recent risk short therefore
Lower fiscal and external vulnerabilities diminishes the downside risk for these economies over the short term. A continuation of this recent performance is therefore expected in 2006.
america high income latin levels poverty shows unequal
Latin America still shows very high levels of poverty and the most unequal distribution of income in the world.
current difficult growth improve moderate prospects region stability
Current moderate growth prospects will make it more difficult to deepen the still-weak stability in the region and, therefore, fundamentally improve its creditworthiness.
challenge continue contract highly income latin pervasive poverty social societies time unequal
Strengthening the social contract in societies with pervasive poverty and highly unequal distribution of income will continue to challenge many Latin American governments for some time to come.
driver economic economy-and-economics four growth next
It will be an important driver for economic growth over the next four years.
advantage countries favorable region taken
The fundamentals of the region have improved. Countries have taken advantage of the favorable international environment.