India: Angel for Latin America

by Dave

Key Takeaways from this OECD report:

1) Regarding competition with India in 3rd markets, Latin america has little to fear from India (at the moment). (Ed: Even going forward only some sectors of the Brazilian and Mexican economies would come under direct competition from Indian players. Almost all other economies should benefit from complementarities.)
2) Major economies in the region have a lot to win by trading with Indian partners.