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Passing the baton

机译:接力棒

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As he prepared to begin a second term as Colombia's president on August 7th, the first name that Juan Manuel Santos inked in for his cabinet was Mauricio Cardenas, who keeps his job as finance minister. That was no surprise: helped by an investment boom, the country's economy grew by 6.4% in the first quarter compared with the same period last year. Mr Cardenas says the second quarter was strong, too. The government will be raising its growth forecast for this year from 4.7%. This is a welcome exception to a regional trend: Latin America as a whole looks likely to grow by less than 2% this year, the worst figure since 2009 (see chart). The end of the commodity boom that lifted the region for more than a decade, the fading of the era of cheap money as central banks in the rich world prepare to raise interest rates and a series of home-grown factors have all taken their toll.
机译:当他准备于8月7日开始担任哥伦比亚总统的第二个任期时,胡安·曼努埃尔·桑托斯(Juan Manuel Santos)为内阁签名的名字是毛里西奥·卡德纳斯(Mauricio Cardenas),他继续担任财政部长。这不足为奇:在投资热潮的帮助下,该国第一季度经济同比增长了6.4%。卡德纳斯先生表示,第二季度也很强劲。政府将把今年的增长预期从4.7%上调。这是区域趋势的一个可喜的例外:拉丁美洲总体上看今年可能增长不到2%,是自2009年以来的最差数字(见图表)。大宗商品繁荣的结束使该地区提振了十多年,随着富裕国家的中央银行准备提高利率,廉价货币时代的消逝,一系列本土因素全都在付出代价。

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    《The economist》 |2014年第8898期|57-57|共1页
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