1 / 11

Latin America: Argentina & Brazil

Latin America: Argentina & Brazil. Past, Present & Future. Latin America. 10,000 Km = Nagoya to Paris. One Subcontinent. 562 million people 20 Countries U$ 3.3 trillion GDP Spanish, Portuguese, French languages Resource rich (oil, land, water, minerals)

lwaters
Download Presentation

Latin America: Argentina & Brazil

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Latin America:Argentina & Brazil Past, Present & Future

  2. Latin America 10,000 Km = Nagoya to Paris

  3. One Subcontinent • 562 million people • 20 Countries • U$ 3.3 trillion GDP • Spanish, Portuguese, French languages • Resource rich (oil, land, water, minerals) • Under colonial rule from XVI to XIX century • Indians, Europeans, Africans, Asians (Chinese and Japanese) • Brazil & Peru: largest nikkei communities in the world

  4. Differences • Colonial history • People • Culture • Political regimes • Economic structure • Soccer skills!

  5. Latin America Today General Scenario • Democracy (more than 10-20 years) • Market economies (except socialism oriented Cuba & Venezuela) • (Post Import Substitution) trade openness Economy • Steady growth (4.55% in 2006, 4.23% in 2007) • Inflation under control (4.2% in 2006,but14.1% in 2007) • (Official) Unemployment still high (9.1% in 2004) • Exports (main partners: US, China, Europe) • Industrial components (e.g. Mexico, Brazil) • Commodities (e.g. Chile, Argentina)

  6. Brazil Facts • Population: 189.3 million • Area: 8,514,877 km² (5th) • GDP per capita (PPP): U$ 9,700 • Federative Republic: 26 states, 1 FD • President: Luiz Inacio Lula da Silva (since 2003) Economic Facts • Interest rate: 12 % • Gini coefficient (UN): 0.57 • HDI: 0.800 • WB Doing Business Rank: 122nd(113 in 2007) • GDP growth: 4.3% in 2007 (4.1% in 2006)

  7. Pending issues • Red Tape harnessing private sector • Politicization of regulatory agencies’ and state companies’ • Adequate Protection of the Environment Overcomeissues • Political / Macroeconomic predictability • Public Foreign Debt • Public Policy to Redistribute Income

  8. Argentina Facts • Population: 39.4 million • Area: 2,766,890 km² (8th) • GDP per capita (PPP): U$ 13,307 • Federative Republic: 24 provinces • President: Cristina Fernández de Kirchner(since 2007) Economic Facts • Interest rate: 11.1 % • Gini coefficient (UN): 0.49 • HDI: 0.869 • WB Doing Business Rank: 109 (101 in 2007) • GDP growth: 9.1% in 2007 (8.2% in 2006)

  9. Pending issues • Predictability and coherent policies • Inflation ghost • Growing inequality + growing insecurity • Corruption + Regulatory burden Overcomeissues • Political past • Debt restructuring (still some not paid debt) • Environment as political objective

  10. Challenges • Stark income inequality • Heritages of protectionist, state-led industrialization • Poor quality, lacking infrastructure • Poor industry regulation • Rigid, heavily charged labor market

  11. LA challenges and our hopes

More Related