Title: Latin America in 2015: Growth for Some, Trouble for Others
Headings: Latin America in 2015: Manufacturing Aces, Commodity Bases and Basket Cases
Finance
Latin America in 2015: Manufacturing Aces, Commodity Bases and Basket Cases
Economic Diversity
A ‘Spring Cleaning’ for Brazil
Knowledge@Wharton High School
The Importance of Mexican Reform
Venezuela’s Slippery Slope

Content: The third sub-region comprises the nations of Bolivia, Venezuela and Argentina, says Guillen. These are “places where the problems are essentially self-inflicted because of their populist policies,” which have discouraged foreign investment and trade. Argentina in particular, he adds, is a “basket case.” A fourth sub-region to consider is the Caribbean, which is the subject of increased attention now thanks to the recent economic and diplomatic overtures to Cuba by the Obama administration. “ I wouldn’t expect any huge things in the Caribbean in 2015, but medium term, it is going to be really exciting, especially if the U.S. takes steps to lift at least parts of the embargo — and more money flows in,” Guillen says, noting that “the intention of the Cuban government is to have a gradual change, but the people are fed up. They know that they could have a much better life if the regime went away, but that isn’t going to happen. The regime has its own supporters. They may be a minority, but it has supporters.” A ‘Spring Cleaning’ for Brazil
Given its vast area, huge population and immense natural resources, Brazil is the key problem in South America, Guillen says. The country’s challenges aren’t limited to a weakening demand for commodity exports.