Latin America Risk: what to look for in 2016

The new year promises to be pivotal for Latin America. The political opposition in key countries welcomed the year on firmer footing, which suggests a shift away from heavy state intervention and regulatory volatility that has plagued many of the countries for almost a decade. Nevertheless, a difficult external environment, notably from a decelerating China and a depressed oil market, are distracting governments and will exacerbate economic malaise in the near term.