What will happen if the cycle crashes? Which country will be damaged most if the price of basic goods falls?

Position:THE SCENE - Brief article

In its 2013 macroeconomic report on Latin America and the Caribbean, the Inter-American Development Bank estimates the impact on incomes as a potential percentage of gross domestic product for Latin American countries in the event of a 25 percent reduction in the prices of primary goods. Under the title "Rethinking Reforms: How Latin America and the Caribbean Can Escape Suppressed World Growth," the report estimates that the biggest loser would be Ecuador, with a fall of 4.5 percent in its GDP potential, followed by Bolivia, where it would drop by 3.8 percent...

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