Regions’ GDPs Similar, LA Per Capita Income Higher :
Regions’ GDPs Similar, LA Per Capita Income Higher
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, 1990-2000
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