Only Asia will grow more strongly than Latin America in 2021, according to the IMF forecast. However, due to risks, the outlook for 2022 is more subdued.

Surprisingly, Mexico’s president declared that his country wanted to give new impetus to the region’s integration process. The role model, he said, would be the EU.

Agriculture, but also mining, energy and transport sectors in the region are more and more suffering from the increasingly frequent droughts.

Not only the region’s trade with China is growing. The infrastructure of the new Silk Road will also accelerating exchange with the whole of Asia.

Latin America has a surprisingly clean energy matrix and could benefit from the global green transition through resource abundance.

Why are the peso, real and sol so weak, even though at the same time many South American countries are rapidly emerging from pandemic recession?

Good growth forecasts give hope for the region, but political factors, rising inflation or falling commodity prices could cloud the picture.

Corporations and states in the region can usually obtain credit abroad without any problems. Nevertheless, financing could become more difficult.

In Ecuador and Peru, elections have now been held. The Brazilian government successfully auctioned off licenses for airports, rail lines and ports.

Despite vaccination campaigns and lockdowns, the saying “When Brazil sneezes, South America has the flu” is confirmed.