Presentation Transcript
Slide2: Department of Foreign Affairs and Trade
Regions’ GDPs Similar, LA Per Capita Income Higher : Regions’ GDPs Similar, LA Per Capita Income HigherÂ
Slide4: Australian Trade and FDI with East Asia Dominates Latin America, 2000
Slide5: Can Latin American Trade Ever Challenge East Asian ? Distance Trade Agreements Commodity Exporters
Slide6: Exports to Latin America Growing Faster than to East Asia, 1990-2000Â
Slide8: Brazil Inflation beaten
Deficit low
FDI open, strong inflows
Trade opening
Privatisation succeeding
Flexible exchange rate
Growth increasing
Contagion, power threats
Slide10: NAFTA driving growth and reform
Fundamentals good
FDI open
Growth high
Infrastructure, banks weak
US downturn a threat Mexico
Slide12: Chile FDI and trade very open
Sound macro policy
Flexible labour markets
High transparency
Strong banking system
Privatisation success
Highest growth in LA
Slide14: Argentina Inflation beaten
FDI open
Trade opening
Rigid exchange rate
Fiscal deficit problem
3 year recession
Good long term prospects
Slide15: Business Environment ?
improving, Chile leads labour markets still rigid banking systems weak
transparency still poor
Slide16: Business Opportunities ?
Commodities Niche manufactures Services, tourism, education Investment, mining, agribusiness