Latin Business Chronicle asks leading experts about Latin America's outlook for 2009.
BY CHRONICLE STAFF
How do you view the business outlook for Latin America in 2009? Latin Business Chronicle asked leading experts in the United States, Europe and Asia. Our panel of experts includes:
- Jerry Haar, Associate Dean and Professor in the College of Business Administration, Florida International University, USA
- Beatrice Rangel, president AMLA Consulting, USA
- Adrean Scheid Rothkopf, Executive Vice President of the Association of American Chambers of Commerce in Latin America (AACCLA)
- Peter Rösler, deputy general manager of the German business association Lateinamerika Verein
- Jiang Shixue, Vice President, Chinese Association of Latin American Studies
- Douglas Smith, Regional Head of Research Americas for Standard Charter Bank, UK
Ryoji Watanabe, Researcher, Latin America Division, Overseas Research Department, JETRO (Japan External Trade Organization)
Latin Business Chronicle: How do you view the business outlook for Latin America in 2009?
Haar: The business outlook, in general, is gloomy. All countries will feel the sustained pain of an economic downturn, some worse than others. Countries that are heavily dependent on commodity exports and those whose economies are closely linked to the US. (e.g, Mexico, Central American nations) are especially vulnerable.
Jiang: The business outlook of Latin American for 2009 will be mostly determined by two factors: the on-going...