MENA’s enormous trade potential is bolstered by a proactive trade shift towards fast-growing regions like Asia. This move is accompanied by a geopolitical reorientation in the same direction.
Structural trade weaknesses could prevent Latin American & Caribbean from seizing the opportunities of nearshoring, but focusing on the energy transition could be key to unlocking full potential.
Latin America's resilience is demonstrated by the stronger macroeconomic policy frameworks, improved banking supervision, and higher official reserves.
The electricity sector is one of the heaviest CO2 emitting sectors. Achieving net zero emissions in 2050 is going to be a daunting task, as it requires a total makeover
The energy transition offers benefits for fuel importers in declining their import bill. Nevertheless, not all their problems are likely to be resolved.