RES: Mexican recession

Alexandre Fenelon afenelon at
Wed May 16 18:17:31 PDT 2001

-----Mensagem original----- De: owner-lbo-talk at [mailto:owner-lbo-talk at]Em nome de Doug Henwood Enviada em: quarta-feira, 16 de maio de 2001 17:05 Para: lbo-talk Assunto: Mexican recession

So Mexican GDP is down two quarters in a row (00Q4 & 01Q1) - meaning that by one conventional definition, the country's in recession. The U.S. slowdown seems to be hurting Latin America.


-And Argentina is already in recession while Brazil had 3,7% growth in the 1st quarter (less than 5,5% expected) and this will worsen a lot since we will had energy shortages that will demand a 20% dcrease in electricity spending. Does someone have data for Chile??


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