Fernando Sedano, Ph.D., economic consultant
MAPI predicts that manufacturing production in Latin America will expand 2% in 2013, courtesy of the outstanding performance of the motor vehicles sector. In Mercosur countries, demand-focused government policies are triggering the sizable production gains in auto production; in our view, these gains are not sustainable in the long term. Conditions are set for faster manufacturing growth in 2014, although the expansion remains moderate at 3.1%. Economic Outlook

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