Are two Latin Americas emerging?
The ongoing Trans Pacific Partnership (TPP) expansion talks, which include Chile, Mexico and Peru, have accentuated a growing continental split between those economies prepared to embrace free trade and free markets and those most averse to globalisation who want to keep the state deeply embedded in the economy such as Argentina, Brazil and Venezuela.
Drawing on data and insight from the Grant Thornton International Business Report (IBR), the Grant Thornton Global Dynamism Index (GDI), the Economist Intelligence Unit (EIU) and the International Monetary Fund (IMF), this short report considers the outlook for Latin America in 2014.
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