Global Outlook: economic convergence in Latin America and Europe

Article tags EconomyAmericasEuropeGlobalCountry Analysis

In EIU’s latest global outlook video, Agathe Demarais, Abhijit Surya and Mario Bikarski discuss the outlook for economic convergence in Latin America and Europe.

Latin America has considerable untapped economic potential. However, the region keeps sliding from one crisis to the next, due to inconsistent macroeconomic policies, an over-dependence on commodities exports, and inefficient public expenditure. EIU’s senior analyst Abhijit Surya examines why EIU remains pessimistic on the long-term outlook for the region and takes a closer look at Venezuela, a country currently experiencing economic collapse.

Economies in southern and eastern Europe are struggling to catch up with their western and northern European counterparts. EIU’s analyst for eastern Europe  Mario Bikarski paints a story of economic regression in Southern Europe and of stagnation in the east, especially since the financial crisis of 2008-09.

To find out more about the political, policy and economic outlook in these countries, check out our country analysis and five-year forecasts. With detailed reports available for more than 190 countries around the world, our insights provide truly global coverage to help you to prepare for what’s ahead.

Wed, 24th Nov 2021 Article tags EconomyAmericasEuropeGlobalCountry Analysis