Images: Getty Images (Nelson Almedia; Mauro Horita; Luis Robayo; Luis Acosta; Ng Han Guan)
STRATEGIC OUTLOOK 2023
Latin America | Top five risk drivers
High inflation fuelled by a range of global economic distortions will almost certainly remain the principal driver of labour activism and hardship protests in Latin America. Argentina is likely to remain particularly vulnerable to this. Official macroeconomic data and precedent of mass protests suggests that Brazil, Chile, Colombia and Peru will very probably experience similar bouts of unrest in the coming year.