EFTA Document EFTA01458975

8 December 2015 World Outlook 2016: Managing with less liquidity Countries' recent investment performances also allow us to identify the most challenging macroeconomic outlooks in the region, led again by Brazil and Argentina, but including also the special case of Chile. In the latter, the combination of worsening external backdrop and controversial reforms has badly affected confidence and investment, but this effect should be partly temporary in nature, as policy uncertainties are expe