International economy: Latin America

Article Abstract:

Most Latin American countries rely on external investment because they have limited financial reserves so they are affected when investor confidence falls. Ecuador, Chile and Colombia changed their exchange rate in Sep 1998 as a result of falling commodities prices. Foreign exchange reserves in Brazil fell, causing the interest rate to increase to nearly 50%. A recession in Brazil could reduce growth to under 1%. However, the Brazilian government is not planning to introduce capital controls or devalue its currency. A recession is likely unless Brazil tackles its economic problems.

Analysis, Brazil, Latin America, Economic forecasting, Economic indicators

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North America: Growth very strong - but set to wane

Article Abstract:

A summary and assessment of the North American economy in the year to the first quarter 2000 is presented, along with forecasts for the future.

North America

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