The Trans-Pacific Partnership will extend the powers of business and the financial sector and limit government action.
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Taking advantage of the Annual Meetings of the International Monetary Fund and World Bank taking place in Peru, the International Trade Union Conference (ITUC) and its Global partners called on the international financial institutions (IFIs) to adopt policies that counter the growing global economic slowdown.
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The region’s growth will remain stagnant in 2015, but is expected to rise a bit in 2016. According to the semiannual report by the World Bank, Latin America’s slowdown puts pressure on jobs and household incomes. The IMF predicts the Venezuelan economy will contract 10% in 2015, while Paraguay will resist the crisis of the
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The Director of Techo Latinoamérica explained that “In place of an individualistic model we propose a focus on the common good.”
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The 2014-2015 harvest cycle has a soy production of 61.4 million tons, 15% higher than the previous period. There were also record corn harvests.
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The financial market analysts see higher inflation this year and even more for the next.
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The millennials are consumers with radically different financial habits and needs.
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A Brazilian economist thinks that economic power shifts in China offer possibilities for development in Latin America.
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Verónica Montoya, head of the Office of Innovation at the Pontifical Catholic University of Peru (PUCP), states that Peruvian companies are forced to innovate to avoid the “valley of death.”
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High commodity prices delayed the discussion of productivity in Chile.
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