Latin America was the recipient of strong capital inflows in the first half of 2011, but investors viewed the region with more caution in the second half. That led to the depreciation of currencies and prompted some countries to relax monetary policy.
Strong capital inflows in the first half forced policy makers in Latin America to navigate a path between rising prices and appreciating currencies.
However, investors are viewing the region with more caution in the wake of global market volatility, which has led to the depreciation of local currencies.
The recovery of the global economy has fueled demand for goods manufactured in Latin America. The resulting gains in employment and increasing consumption is boosting demand for commercial real estate, particularly in Brazil, Chile and Peru. Mexico's recovery is proceeding more slowly.
The favorable economic environment in Latin America is supporting an
increase in real estate development and transaction activity.and weaknesses of each country.
Economic activity in Latin America has moderated in the wake of the postrecession upsurge, with the growth highlighting the unique strengths and weaknesses of each country.
The economic recovery that started in Brazil and Chile last year has now spread to Mexico.
Latin America’s economies are growing, with distinct drivers in each country.
During the first quarter, the positive performance of Latin American economies further confirmed that a regional recovery is well underway.
The shockwaves of the global financial crisis impacted Latin America on several levels in 2009.
Economic data continue to confirm that the recovery process in Latin America is well underway.
As with any crisis, the global economic slowdown has unveiled new opportunities for some market participants.
The first quarter was difficult for Latin America as the global economic crisis took its toll on economies across the region.
Economic activity in Latin America has slowed down noticeably.
Unease about the global economy is rapidly working its way through Latin America, despite statistics showing strong economic growth to date this year.
The largest Latin American countries have been able to sail through the first quarter in relative tranquility.
Volatility increased in Latin American stock markets but did not completely derail the momentum that has built over the past few years, allowing local economies to continue to expand.