The report Key Data for LATAM is elaborated by ATREVIA’s analysis and research team in order to provide the main information to understand the political and business reality of Latin America.
The most outstanding facts this month are:
- In Argentina the new government headed by Alberto Fernández will be marked by its complex composition (it is heterogeneous and dissimilar, a government of Peronist and Kirchnerist coalition), by the strong presence of Vice President Cristina Kirchner and by the complex economic situation, as well as for the first measures to stimulate growth and renegotiate debt repayment.
- In 2020 Brazil will continue on the path of structural reforms and economic recovery, but also amid increasing political uncertainty (due to alliance volatility) and high polarization, centered on the duel between Bolsonaro and Lula whose stage will be the streets of the South American country.
- In Chile, Piñera’s presidential term has been injured but is not dead. It is a weakened government, but not terminated. The president will finish his term in 2022 with a reduced scope for action and initiatives that respond more to channeling external pressures from the street than to initiatives arising from the core of the government.
- In Mexico, the signing of the T-MEC is excellent news for the López Obrador government. But that in itself is not enough to boost Mexican growth which, in the absence of structural reforms, is increasingly dependent on Pemex’s good progress.
- In Ecuador, Lenín Moreno’s government, without a majority in the Legislative and with the Sword of Damocles from the October mobilizations, has promoted the possible adjustment within this social political framework and not that necessary one from an economic point of view. The task is at the expense of the next government taking office in 2021.
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