3.9 LATIN AMERICA
2021-12-10
The impact of the global pandemic has exacerbated the risks faced by Latin American countries that are already in an economic downturn. Before the outbreak, the Latin American economy was already facing global and regional threats. International risks mainly include the downturn in the world economy, widespread trade protectionism, and turbulence in the international financial market. Regional internal hazards mainly include the uncertainty of the economic policies of the new governments of Latin America and the instability of the political situation following a general election cycle.