2015 GDP growth forecast.

Position:THE SCENE

The latest projections made by the IMF show that a modest recovery is to be expected for Latin America in 2015 (2.2 percent). This forecast is founded on improving exports and the recovery of investment. However, "risks remain tilted to the downside as many economies struggle to find new engines of sustainable growth in an environment of stagnant commodity prices and more binding supply bottlenecks," the IMF stated in its 2014 World Economic Outlook report.

* Activity among the region's commodity exporters might weaken with negative external demand shocks, such as a sharper-than-expected investment slowdown in China.

* An abrupt rise in U.S. interest rates could prompt a replay of the mid-2013...

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