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Latin America may be better prepared to weather a showdown in the global economy. Jitters about Europe

Monday, November 14, 2011


In the past few years, analysts say you could draw a line at Panama and pretty much predict that those economies north of that imaginary boundary were struggling and those to the South were doing well.

With a few exceptions, the analysis that countries more linked to the faltering U.S. economy, such as Mexico and those in Central America and the Caribbean, have shown slower growth and commodity-rich countries whose trade is tied to Asia, especially China, have outpaced their northern neighbors still holds up.

But with jitters about the euro zone crisis spreading, fears that a Greek default may still be in the cards and the possibility of a slowdown in the Chinese economy, questions loom for Latin America and the Caribbean.

Original source: Miami Herald