Green shoots for Latin America
-The economics impact of the pandemic for Latin America has been dire, but not as bad for some global peers
-There are encouraging signs of recovery from key sectors of the economy
-The corporate sector has shown its resilience
By Viktor Szabó, Investment Manager, Aberdeen Latin American Income Fund Limited
Shutterstock/worldclassphoto
Latin America may be at a turning point. After a difficult period for the region, where many countries have struggled to contain the virus, a number of factors are coming together to create a better outlook. These include a changing political climate in the US, fiscal and monetary support and stronger prospects for corporate earnings.