LATIN AMERICA
IN THE WORLD ECONOMY AND TRADE
AT THE BEGINNING OF THE ХХIST CENTURY
A.R. Massarova
Regional Economy and Geography Chair
Peoples's Friendship University of Russia
Miklukho-Maklaya str., 6, Moscow, Russia, 177198
The article deals with the role of Latin America in the world economy during the pre- and post-crisis
period. It analyses the dynamics of the indicators that define social and economic capacity
of the region and
the impact of the world financial crisis in different types of the region's countries.
The article examines
in details structural and regional shifts in the foreign trade of Latin America. The analysis revealed the ma-
jor problems of the region's foreign trade (branch and regional structure) and
allowed to set out the ways
of their decisions through the diversification of Latin American export and the intensification
of intra-
regional trade.
Key words: economic capacity,
economic growth,
structural shifts,
Latin America, foreign trade,
international
economic relations, competition.