Macroeconomics: The great Latin American sin.

Position::REGIONAL PULSE
 
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Macroeconomics The great Latin American sin Gross National Savings Average and Projection (% of GDP) Economic Group 2008 2018 2023 2018/23 Ch. BRICS 38.6% 38.2% 37% -1.3% Four Asian Tigers 34.6% 35.6% 34.9% -0.7% Arab League 43.8% 30.4% 26.4% -4.0% European Union 21.4% 23% 23.7% 0.7% OCDE 20.9% 21.9% 22.5% 0.6% Latin America 22.2% 17.3% 18.4% 1.0% Source: IMF's World Economic Outlook Databases Lack of savings is one of Latin America's major weaknesses...

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