a key region for global economic expansion

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Thanks to its cultural, social and demographic diversity and being characterized by being one of the regions with the most fertile soils in the world, Latin America is one of the favorite regions for entrepreneurs in terms of investment and development of new businesses due to its plurality of wealth, having 3 types of economic systems: open (free market), mixed (state intervention) and closed (consumption of internal production), thus representing an enormous opportunity for growth and expansion of emerging industries.

According to the World Bank , in its most recent report (Gross domestic product 2018, PPP), Latin America is the third largest and most powerful economy in the world with 9,023 billion dollars, which is based, for the most part, on a secondary and/or tertiary economy; highlighting that in recent years there have been decisive advances at the political, economic and social level, generating accelerated development in practically all its countries .

Likewise, another report, 'Doing Business 2018', highlights that t qatar consumer email list his region has seen an increase in the creation of new businesses thanks to various reforms adopted, which has allowed a transition in the last 15 years regarding the number of days needed to create a company from 78 to 38 days; thus giving way to the generation of new economic opportunities in the strongest industries in the region such as mining, oil, manufacturing and agriculture.

From the above, it is clear that Latin America is home to one of the strongest groups of economies in the world, and is classified by financial experts as a true engine of growth. Therefore, considering this region to create new businesses represents a golden opportunity for businessmen and entrepreneurs. However, if you still have some doubts and want to know more about this region, in this article we are going to present you with 4 key points that will give you enough reasons to consider expanding into Latin America.