- Cristina J. Orgaz @cjorgaz
- BBC News Mundo
Last but not least, the Federal Reserve is not only interested in forms of interest that are as aggressive as they are, but the FMI is the one that rescues Mexico.
The rest of Latin America’s economies do not make much money.
Porque led by Banco Central estadounidense aprieta, la región se ahoga.
Experts say that now you are stamped and you get it cada econom vaa va centir de forma distinta the highest interest rates of the Federal Reserve, which in only 3 months are the same as the reference cup with a range between 1.5% and 1.75%.
Objective is to fight against deflationary inflation, more than 40 years, but it is the one that treats the price of precision, the independent economy enters a recession arrastrando al resto del mundo.
It is said that it is not all news.
Kirstie Spence, Capital Group’s rent rental company, said that “some Latin American countries have been algo proteins in the subdivision of the prices of food, that which produces locally and its dependent parts of the triangle and the cereals “.
Some more prepared than others
Además, hay países que llevan tiempo preparándose para este esenario.
Pero, ¿Cuál está mejor colocado? What can be done to prevent the economically entrenched one from being different from the rest?
“Economies that are best prepared to hack into the Fed’s funds have their water levels moderated by debt and fiscal deficit, flexible exchange rates and modest external financing requirements “, explained to the BBC World Cup Claudia Calich, guest renter of the emerging thread of M&G Investments.
Dentro de Latin America, which includes countries like Peru, Guatemala and Paraguay.
On the contrary, for the analyst, the prepared pears are ser .an El Salvador and Bolivia.
¿What do you do with the rest?
Repasamos quienne podrán afrontar la situache se se vien con m cals calma y the keys of the main economies supported verse by verse.
It follows that the Fed raises the types of interest the inverters return their capital of fast-moving, fast-moving invertebrates, like the United States deity.
The endurance of the world-class financial conditions means the great races that los inversores ganan m os o m ses seguro and other fat and they are part of the action that permeates the gears of a functioning economy to all machines: the dinero.
“A change of direction of capital flows expose the imbalances“, afirma David Rees, senior economist of emerging markets Schroders.
“Capital balances hack that the deficits can not be financed, which, combined with one type of interest more, leading to the recession.”
“En la crisis of the mexican peso in 1994 “External vulnerabilities are expedient when the Fed subjugates them aggressively and in a moment of political exchange,” Rees said.
Pero ya no estamos in the decade of los 90 y la the second largest economy in Latin Americacoincidentally the analysts, has been hitting the cosmos.
From the moment the world goes by one fiscal equilibrium situation.
“The Mexican economy is much better that it lasted crisis del tequila-como the crisis of 1994-. This is the case, the external shock absorbers are fired. “Deuda en divisa es baja y el peso mexicano fleet liberate”, explicit Edward Glossop, economist de Abrdn.
“As far as the economy is concerned poder salir adelante sin una crisis“, añade.
And what is the difference between other Latin American countries, el gobierno mexicano decidió no estimular the economy enduring the pandemic and because of the fiscal situation “it has not deteriorated much”.
From Hecho, Patricia Urbano, fundraiser at Edmond de Rothschild AM, its position is solid.
This is what the Central Bank of Mexico has to offer cierto margen de maniobra for poner in the brand algunas medidas.
Además, “Mexican exports are free of charge due to imports into United States and inflation is moderate“.
“As far as the plaza is concerned, as long as the Mexican economy benefits from the tendency to dislocate, the United States is diversifying its chain of government and disseminating its dependence on China,” Urbano said.
Mining has turned Chile into the world’s largest cobra exporter, while the coronavirus pandemic has slowed production.
In a context of types of countries from the United States, Chile has the best results in relative terms other than Latin American countries.
Eso se debe a “que Chilean economy is more related to China “And with the chainsaw of electric vehicles, I owe it to myself not to be the sole exporter of cobra sino the most cheap,” says Urbano.
If the United States were to leave, Chile would have to wait lazos con China can be used for shock absorbers.
Además, the expert of Edmond de Rothschild AM, said that the Chilean goblin is poco endeudado.
However, Chile has accumulated a number of external factors, including the fact that it needs to absorb energy from the outside “that provokes a major deficit due to current”, according to Schroders economist David Rees.
“In Latin America, the economy peor preparada es Colombia, that has an elevated deficit “, says Urbano.
Gemelos deficits have a reference to a macroeconomic imbalance, when an excess of money must be financed with another deficit: the current account of the balance of payments. Los extranjeros financian el mayor gasto.
“The weight of Colombia is a petroleum producer “At the same time, oil prices will continue to rise sharply in the economy, even if there are large imbalances,” the economist said.
“Colombia does not need structural reforms to ensure its fiscal and commercial deficits. The lack of external financing is key,” he said.
Compare the solution of the fiscal deficit with the completion of these social exchange rates a significant number of the new government of Gustavo Petro.
“The victory of Petro feed the inertidumbre on the short side “between the inversions, or the conditions under which they can change the history of regulatory establishment and the favorable environment in the negotiations of Colombia”, says Jimena Blanco, responsible for the Latin American division of the firm Verisk Maplecroft.
For the analyst, there are two major areas of interest in the extractive sector, which Petro has compromised to address the economies of some of the crucial industries now for the economy.
Y es que la precision evolution of the primary greenhouse materials to determine which effect in Colombia would have affected the creation of the United States.
“A tenacious key in the current series has reached this point unaccountation of United States states and arastrar a la baja the prices of the primary materials. “It’s the trade-off with the region and the generation of major de-accelerations,” Rees said.
Follow the UN, only 5 countries in the region with financial vulnerabilities above: Argentina, Venezuela,Ecuador, Belize and Granada.
“In the list of the most prepared, there are candidates for the country as Venezuela, where the economy is at the bottom of the list,” says Blanco.
In the case of Argentina, the country “plays with one of the highest levels of inflation in the world and recreates one of the most economically important goals during the pandemic”.
The policy and the means by which the adoptive parent can be given to the country, pero “the governing coalition could not establish a straight rumbo in macroeconomic policy terms “, affirmation.
Given that the country will be running again in 2023, “the quality of the a coordinated economic policy y ostentible es efímera “, the analyst explained.
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