Wednesday, November 30

The Latin American countries whose economies are best prepared to face 2022


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  • BBC News World

Cargo ship

Image source, Getty Images

This year Latin America had to experience the “rebound effect.”

As 2020 was so tough for the world’s economies due to the effects of the covid-19 pandemic, the growth rates this year about to end are misleading.

The reason is that as the current Gross Domestic Product (GDP) is measured in relation to the previous year, it seems at first glance that Latin America took a spectacular leap.

But the truth is that it is about a “rebound effect” because the basis of comparison is very low.


www.bbc.com

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