"There's an emerging group to watch in emerging-market hotspot Latin America: a swelling middle class.
This population shift is an important development for investors, especially those with a longer-term horizon. No longer will the economies of Brazil, Mexico, Chile, and their neighbors have to rely primarily on strong global demand for commodities grown and mined in the region. Now, theinvestment story is shifting toward the improved income of a relatively young population. These days, many emerging countries have relatively low levels of unemployment and a better fiscal position compared with their developed counterparts."
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