Moody's: Brazil's slow growth poses little credit risk to rest of Latin America
- Brazil's persistently low economic growth of the last few years has limited implications for the economies and credit quality of the other Latin American countries, says Moody's Investors Service in a new report. Possible "slowdown contagion" from Brazil will be limited because only a few countries have strong economic ties to Brazil, and these linkages are mainly through trade.
- Within the region, trade exposure is particularly high in four countries: Paraguay, Bolivia, Argentina, and Uruguay.