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Latin America and the Caribbean in 2019: a moderate expansion

Latin America and the Caribbean in 2019: a moderate expansion

Several risks could further harm the outlook for Latin America and the Caribbean. For instance, escalating trade tensions between China and the United States, or a slowdown in some major economies, could result in lower trade growth for the region.

The region would also suffer if global financial conditions tighten further—including spikes in global financial volatility, higher U.S. interest rates, and a stronger U.S. dollar.

Additionally, higher volatility in global markets could result in less capital flowing to the region—potentially harming investment potential.