Spring 2024 Alumni Newsletter
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
LATAM region, excluding Brazil, is<br />
The<br />
to grow at half the pace of the rest<br />
expected<br />
developing counties. There is a bright spot<br />
of<br />
the nearshoring of North<br />
nevertheless:<br />
supply chains from Asia to LATAM.<br />
American<br />
with market-friendly governments<br />
Countries<br />
free-trade agreements with US-Canada<br />
and<br />
succeed at attracting those supply<br />
will<br />
For Mexico , the central question is<br />
chains.<br />
the coming elections will deliver<br />
whether<br />
a government. For Argentina, in turn,<br />
such<br />
question is whether the ambitious<br />
the<br />
reforms of President Milei will be<br />
economic<br />
to mobilize support from Congress.<br />
able<br />
COUNCIL OF THE<br />
AMERICAS<br />
PROFESSOR RICARDO LAGO<br />
On December 15, Professor Ricardo Lago<br />
gave the keynote address to the annual CFO<br />
meeting of the Council of the Americas. The<br />
topic was “USA and Latin America in the<br />
unfolding world economic outlook.”<br />
Forecasters had predicted that the inflation<br />
fight would tip the U.S. economy into<br />
recession. But as in Samuel Beckett’s<br />
“Waiting for Godot” there is no sign of it yet.<br />
In the rest of the world, however, economies<br />
are in general not faring well. Only India and<br />
Brazil show some dynamism. Moreover,<br />
financial and geopolitical risks tilt forecasts to<br />
the downside.
Change language