There have been big headlines in recent weeks about projections that Brazil will become the world’s fifth-largest economy in five years, and that Latin America in general will become a new global economic star. But there are little-known data that should raise questions about such optimistic forecasts.
During the next 12 months, there is no question that the region is likely to do well. According to new projections by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), the region’s economy will
