After analysis of the region’s industrial productivity and capacity to generate employment, the World Bank has strongly advised that Latin American countries need to reorient their manufacturing industries to become more competitive.
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Extremely high rates of inflation in Venezuela, reaching 4000% have resulted in a 37% decrease in the country’s GDP per capita since 2013, while Brazil experienced a 9% decrease.
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New generations of drugs with very high prices are crushing the health system in Argentina.
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According to a study conducted by the Inter-American Development Bank, 72.3% of the electrical power plants in Latin America use fossil fuels and the remaining use renewable resources.
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The government of Colombia has been the country’s essential provider of telephone services through the large telephone company called Telefónica.
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After experiencing a ban throughout Costa Rica since 1988, the reentry of Robusta Coffee in the nation has been considered by government officials.
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In recent years, coffee has become one of the best-selling products on the global market, but low prices are causing problems for producers.
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There are multiple factors, both environmental and economic, affecting the development of agricultural commodities in Argentine.
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The Argentinian inflation rate has wobbled around a point of stagnation, and it seems as if the ever-increasing inflation is finally stabilizing.
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Deposits of valuable metals including gold and silver are not new to the Peruvian landscape, though new economic circumstances provide incentives to add greater value to these resources.
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