Latin America will do well, but not great, in 2014

Alicia Bárcena

Some of the best-known international institutions have just released their economic forecasts for Latin America in 2014, and most of them agree that this will be a better year than 2013 in the region. The big question is whether they aren’t too optimistic.

The United Nations Economic Commission for Latin America (ECLAC) projected that Latin America’s economy will grow by 3.2 per cent this year, up from 2.6 per cent last year.

ECLAC head Alicia Bárcena told me in an interview from the commission’s headquarters in Santiago, Chile, that she expects higher growth in