Latin America in bloom

EMERGING MARKETS

HSBC's head of macro and investment strategy Philip Poole recounts his time in Latin America and the progress the region has made recently.

I recently spent a fortnight in some of the smaller markets in Latin America – countries that historically have not received the level of attention the larger regional markets have been benefitting from for some time now. During the first week I was on holiday in Uruguay then on business meetings in Chile and Peru. These economies are all doing well – in some cases, very well – and with the prospect this will continue. It led me to reflect on the fundamental progress made more generally in Latin America in recent years. This is a big contrast from the bad old days. When it came to tak...