Despite Political Shifts, Export Prices on the Rise

Before now, leftist shifts in politics had been followed by economic downturn. However, this tendency in Latin America might be coming to an end, due to high commodity prices. Due to high copper, oil and grain prices, export prices for Latin American goods have been on the rise. These commodities are some of Latin America's largest exports, with higher commodity prices, come higher export prices. So, it seems while the export markets in Latin America are "booming," shifts in political ideology will not affect economic performance. This is evident in the fact that recently, despite a decrease in capital flows, economic growth has increased in the region. Thus, for now, it seems that the market will accept a leftist president if export prices continue to stay high. All of this is very interesting and one can read more on the subject by visiting this sitio.