ilmscore | Prediction Details
"It has been argued that Latin American and African countries could end up absorbing some of the global excess manufacturing, but without a huge increase in foreign investment needed to allow them to run the necessary long-term deficits, they will be unable to do this for long, even if they wanted to."
By Patrick Boyle | February 17, 2024 | Pending
From video
Are Exports the Only Source of Growth? 00:16:25 - 00:16:46
Interpreted Prediction
Latin American and African countries are unlikely to sustainably absorb global excess manufacturing in the long term without a substantial increase in foreign investment to enable them to run persistent trade deficits.

Prediction Details

Topic
Global Trade

Comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.