Sebastian Briozzo
Sebastian Briozzo
current difficult growth improve moderate prospects region stability
Current moderate growth prospects will make it more difficult to deepen the still-weak stability in the region and, therefore, fundamentally improve its creditworthiness.
driver economic economy-and-economics four growth next
It will be an important driver for economic growth over the next four years.
diminishes downside economies expected external fiscal lower performance recent risk short therefore
Lower fiscal and external vulnerabilities diminishes the downside risk for these economies over the short term. A continuation of this recent performance is therefore expected in 2006.
challenge continue contract highly income latin pervasive poverty social societies time unequal
Strengthening the social contract in societies with pervasive poverty and highly unequal distribution of income will continue to challenge many Latin American governments for some time to come.