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 Mexico, 2020 starts out with greater dynamism in certain sectors that are beginning to revive, while an opening to dialogue between the government and private initiative takes place. The government also has in its favor a better context due to the agreement reached on the Mexico Treaty, the United States and Canada (T-MEC), but its challenge is to implement some of the major pending structural reforms.
- In Argentina, Alberto Fernández’s government has fulfilled the first stage of its plan: to implement an economic adjustment to gain the support and confidence of the international markets and agencies and to sweeten the process with social measures without excessive financial cost. All this, as well as, maintaining internal political cohesion between the most moderate and the most Kirchnerist of his government.
- There are no major changes in Venezuela’s political and economic landscape this 2020. From an economic point of view, the model will try to work better, but without structural reforms as long as there are no political changes that open up the opportunities for foreign investment. From a political point of view, the opposition following Guaidó has been strengthened by the events in the Assembly on January 5th and 6th. The challenge now is to avoid future divisions in light of parliamentary elections and citizen mobilization.
- This year is going to be an impasse for Ecuador facing presidential elections in January 2021. Lenín Moreno’s attempt to carry out structural reform was thwarted by the October mobilizations and the reform that finally took place in December was more of a short-term fix than a profound change.
- The Dominican Republic will hold presidential elections after having experienced a 2019 in which the hegemonic party, Partido de Liberacion Dominicana, PLD, (the Dominican Liberation Party) suffered an internal fracture that hinders the possibility that the ruling party can repeat, as it did in 2016, a comfortable victory.
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