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Economic Viewpoint

South America: Soon to see some light at the end of the tunnel?

September 8, 2016
François Dupuis, vice-président et économiste en chef • Benoit P. Durocher, économiste principal

Several factors have undermined economic growth in South America in recent years. The slump in commodity prices, the slowdown in global trade and the Chinese economy, and numerous political problems have given the region a rough ride. We note that Brazil and Argentina have been particularly hard hit. However, the situation now appears to be improving, with the help of encouraging political reforms. Things are looking brighter for the years ahead, for South America and for investors who take an interest in this region.