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Americas
Resource Groups In Americas

1. Brazil

  • Brazil is the 10th largest economic power in the world with a 600 billion dollars GDP. The restrictive monetary and budgetary policies set up by the Lula da Silva government, have restored markets confidence but have restrained growth : GDP growth rate was 0.5% in 2003, 5.2% in 2004 and 3.3 in 2005. The growth was especially due to the depreciati...
    • UpDateTime : 2008-1-30 15:31:39

    2.Argentina

  • In 2005, GDP growth rate was 7.5% in 2005. The Argentinian economy is going through an obvious revival since 2003, after it collapsed during the first semester of 2002. In 2003, GDP growth rate was 8.8% (-10.9% in 2002), 9% in 2004. The IMF forecasts a 4.5% growth in 2006 due to the weak consumption and meagre investments. Peso devaluation has ...
    • UpDateTime : 2008-1-30 15:27:03

    3.Canada

  • The growth remained dynamic in 2005 with a GDP growth equivalent to the growth in 2004, at 2.9%. According to the FMI, it is expected to stabilize at 3.1% in 2006. The basics figures are still good : unemployment touched 6.7% of the active population in 2005 and the inflation rate is restrained. The domestic consumption and the investments rema...
    • UpDateTime : 2008-1-30 15:35:45

    4.Chile

  • The Chilean economy is one of the most performing in Latin America and the market is quoted as a model of economic stability by foreign investors. In 2005, the economic growth remained strong : the GDP growth was 5,9% and 6.1% in 2004. The IMF forecasts a 5.8% growth for 2006. The mining sector is the main asset of the economy, and Chile benefit...
    • UpDateTime : 2008-1-30 15:42:27

    5.Colombia

  • Growth has been quite regular since Alvaro Uribe's election to the Colombian presidency in 2002. GDP growth rate was 4% in 2004 and 2005. The IMF forecasts also a 4% growth in 2005. Colombia holds a certain number of assets: abundant natural resources (agriculture, hydrocarbons and mines), skilled labour force and advanced economic reforms. How...
    • UpDateTime : 2008-1-30 15:47:29

    6.Cuba

  • After a two-year slump, Cuba's economic activity has been picking up since 2003 : GDP growth rate was 2.6% in 2003 and 4% in 2004 and 5.5% in 2005. In 2006, growth should jump to an approximate 4.7% according to the authorities, but this figure probably exceeds the real one due to a new GDP calculation method. However, this recovery remains fra...
    • UpDateTime : 2008-1-30 15:53:12

    7.Guatemala

  • The recovery started in 2004 was confirmed in 2005. The GDP growth rate was 2.7% in 2004 and 3.2% in 2005. The IMF forecasts a 3.2% graowth rate in 2006. The growth is mainly due to the public and private expenditures and the expatriate's transfer. The oil prices increase generate an important inflation rate (9.1% in 2005). Foreign investments ...
    • UpDateTime : 2008-1-30 16:00:08

    8.Mexico

  • The economic activity slackened in 2005 with a GDP growth rate at 3% in 2005 whereas it was 4.4% in 2004. The IMF forecasts a 3.5% growth in 2006. This improvement in the economic situation is due to high oil prices and the relaxing of the monetary politicy. The weak point of the Mexican economy is its dependance on the North America : 80% of M...
    • UpDateTime : 2008-1-30 16:06:07

    9.Panama

  • The Panamanian economy slackened in 2005 due to the decrease of the agricultural and industrial production. GDP growth rate was 6.2% in 2004 and 3.5% in 2005 and is estimated at 4% in 2006 according to the IMF. Panama's economy is very open and Panama Canal, one of world-wide maritime trade hubs, is the country's major activity. Some sectors such...
    • UpDateTime : 2008-1-30 16:16:43

    10.Peru

  • Peru is experiencing a favourable economic situation. The country registered a 5.5% annual GDP growth rate in 2005 and 5.1% in 2004. The IMF forecasts a 4.6% growth in 2006. Unlike its Latin American neighbours, the country did not suffer recent currencies devaluation as the Brazilian Real or the Argentinean Peso did. The economy's growth, bols...
    • UpDateTime : 2008-1-30 16:23:15
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