Latin America: Withstanding External Pressures

Industry executives are closely monitoring Latin America in early 2012 for indications of how well the region withstands external pressures, including problems in the eurozone. Economists estimate that the region’s GPD will grow about 3.5% in 2012, down from 2011’s expected 4.4%. Brazil, by far the largest chemical producer in Latin America, is expected to post a 2012 GDP increase of about 3.7%. The region is in much better shape to withstand pressures from economic developments outside the region, with most Latin American countries in better...

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