Latin America Outlook
Latin America’s political leaders have faced the rigorous challenge of governing a growing and increasingly empowered middle class electorate amid the region’s 2015-16 economic downturn. Squeezed between growing fiscal deficits and the demands of socioeconomic change, not all are emerging unscathed. The healthcare market, though more sheltered from economic cycles than other sectors, is a affected by the tides of political change and public spending. As public coffers skimmed the bottom in 2016, the region saw an unprecedented increase in out-of-pocket expenditures from the middle class. There is also the question of the new political climate in the U.S. and what it may mean for geopolitics south of the boarder.