16 January 2012

LATIN AMERICA / CHINA: Commodities Dependence...Backfires.

                               BLOOMBERG / Overview/ ANALYSIS

      South America's failure to reduce it dependency on exporting raw materials...makes the region vulnerable to the global slowdown...and less attractive for investors.
    Experts say the region has generally failed to increase productivity, education and infrastructure...and reduce red tape.
   Chile's dependence on copper is an example.
   Its growth rate is falling...as China's demand for its copper slackens.