Outlook for the region's non-financial corporates.

Author:Espitia, Santiago
Position:LATIN AMERICA IN FOCUS
 
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Latin American non-financial companies have increased their level of indebtedness over the last decade, but without converting those funds into capital goods.

UNPRODUCTIVE DEBT. The graph on the right shows an index that displays the evolution of the stock of debt and the poor correlation with the total annual investment in capital goods. The analysis takes into...

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