Richard Feinberg Quoted on US Trade and Investment Agreements in Latin America
Latin America: Avoiding the Hangover
01/31/2011
Jane Bussey,
Latin Business Chronicle
Even in the midst of the sunny outlook for Latin America, the risk of crisis lingers on the horizon, experts warned during a regional conference on the region. “Latin America really is booming; everyone wants to be in Latin America,” said Walter Molano, the head of economic and financial research at BCP Securities in Greenwich, Connecticut.
But Molano, a veteran financial analysts looking at the region, said Latin America must step up its efforts to compete globally. “Latin America still hasn’t done enough to modernize its infrastructure, to improve its education, to improve its efficiency,” Molano said. “If it doesn’t, this is going to be a great party with a really bad hangover.”
Speaking at the conference Forecast 2011: Economic and Political Risk Scenarios for Latin America, Molano said the region had very good economic numbers going into the global financial crisis.
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Richard Feinberg can comment on U.S. foreign policy matters, notably with regard to Latin America and Asia, and business and economic matters.
