Doing business in Latin America

Published by Andrew Griggs on 27 March 2024

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Download this issue for valuable business and commercial insights for Latin America

In this issue of Doing business in Latin America you’ll find a detailed examination of the political landscape in the region, influenced by voter disillusionment and the popularity of some leaders, which will be crucial for businesses and investors to monitor, and Kreston’s experts have shared their thoughts on the potential impact.

Economically, most of the region is poised for growth in 2024, with central banks easing monetary policy more aggressively than their developed-market counterparts. This proactive approach aims to bolster GDP growth, though challenges remain, particularly from tight monetary policies in developed economies that could dampen demand for Latin American exports.

Nearshoring remains an opportunity, especially for Mexico, Panama, and Costa Rica, which are set to benefit from US led efforts to realign supply chains. Investments in critical minerals and infrastructure projects are also expected to drive growth across the region. However, there is a continuing slowdown in the US, which may impact Mexico’s growth prospects despite a recent investment boom driven by nearshoring.

If you are currently exploring doing business in Latin America, click here to download the full publication which offers critical insights on the region’s opportunities and challenges.

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