Note

June 17, 20 - 12:03 pm - LABS

Resuming the economy in Brazil and Mexico will depend on the internal political rebalancing

Latin America is the current epicenter of the coronavirus pandemic, accounting for half of all COVID-19 deaths worldwide. Contrary to what developed countries have done, some of the main economies in the region are resuming their activities even though experiencing the peak of the epidemic, in hopes of starting the long recovery process as soon as possible, alleviating future fiscal losses.

For experts, however, attracting foreign investors to boost private investment as the main driver of economic resumption in Brazil and Mexico will not be an easy task, as it will depend on the internal political rebalancing and, consequently, on the improvement of these countries’ external images.

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