Latin America in 2024: Five Trends to Watch

By Oliver Stuenkel

Despite mediocre growth, political risk is declining and cautious optimism is increasingly warranted.

SÃO PAULO — The year 2023 began with an armed insurrection in Brazil’s capital when thousands of supporters of former President Jair Bolsonaro stormed Congress, the Supreme Court, and the presidential palace on January 8. The year ended with Argentina's largest unions calling for national strikes and Venezuela's President Nicolás Maduro mobilizing troops after a highly controversial referendum about claims on the oil-rich Essequibo region, which belongs to neighboring Guyana. And yet, despite a challenging macroeconomic and geopolitical scenario, 2023 was not a bad year for Latin...

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