RIO DE JANEIRO, BRAZIL - The economies of Chile, Colombia, and Peru are showing resilience even as the Covid-19 pandemic continues, but their political environments are contributing to market volatility, according to different investment banks and Fitch Ratings.
In reports published this week, analysts expressed concern over populist policies, pressures on public finances and social unrest.
"The Andean region's intense electoral cycle adds to fiscal uncertainty amid growing social spending pressures," Fitch Ratings analysts wrote in a report published Thursday. Chile will elect a new president later this year, Colombia will have elections in early 2022, and a new . . .