Mexico will outperform Brazil the next five years, while Panama will lead Latin America in GDP growth, the IMF forecasts.
BY CHRONICLE STAFF
Panama will have Latin America's highest GDP growth in the five-year period starting next year, while Venezuela will have the lowest, according to a Latin Business Chronicle analysis of new forecasts from the International Monetary Fund.
Other growth stars include Peru, the Dominican Republic and Chile. On the opposite end, top losers include Ecuador, Honduras and Argentina, our analysis shows.
All in all, Latin America is expected to grow by an average of ...
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From: Oscar Benitez de la Campa, Guatemala While the global financial crisis was developing and going rampant, foreign capital equity looked for safe harbors to protect their wealth. Panama offered a steady construction growth, flexible banking and relative social estability. They have improved in financial services.
HP: Strong Latin Growth