Regional focus: Latin America
Major economies are leading the development of Latin America’s media market, but many countries in the region lack the infrastructure and resources to develop their broadcast industries, according to an IABM report.
Latin America is an emerging broadcast and media technology market, with major economies such as Brazil, Mexico, Colombia and Argentina leading the development. However, many countries in this region currently lack the infrastructure and resources required to further develop their broadcast and media industries.
In 2019, growing levels of debt in Latin America, global trade tensions such as the US-China trade war and a drop in the price of oil will affect regional economic growth. The economies that are expected to perform better are the Dominican Republic and Panama with predicted GDP growth of 5.7% and 5.6% respectively. In contrast, Venezuela will remain the…
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